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https://en.wikipedia.org/wiki/Trust_law
It is possible for a single individual to assume the role of more than one of these parties, and for multiple individuals to share a single role
https://en.wikipedia.org/wiki/Estate_planning
The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include legal tax avoidance
https://en.wikipedia.org/wiki/Probate
It is possible to get a professional executor to renounce their role, meaning they will have no part in dealing with the estate; or to reserve their power, which means the remaining executors will carry out the related duties, but without the involvement of the professional executor
https://en.wikipedia.org/wiki/Bankruptcy
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https://www.uscourts.gov/services-forms/bankruptcy
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https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
Most relatively simple estates (cash, publicly traded securities, small amounts of other easily valued assets, and no special deductions or elections, or jointly held property) do not require the filing of an estate tax return
https://en.wikipedia.org/wiki/Power_of_attorney
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Sites: en.wikipedia.org (5) · www.uscourts.gov (1) · www.irs.gov (1)