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Trust (law) - Wikipedia

https://en.wikipedia.org/wiki/Trust_law
However the feoffee had no legal obligations to the beneficiary in English common law, so after the death of the feoffor, there was no one to enforce the promises made by the feoffee or his ancestor

Estate planning - Wikipedia

https://en.wikipedia.org/wiki/Estate_planning
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Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
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Bankruptcy Skip to main content

https://www.uscourts.gov/services-forms/bankruptcy
Court Programs Bankruptcy Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets

Estate tax | Internal Revenue Service Skip to main content

https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
It consists of an accounting of everything you own or have certain interests in at the date of death (Refer to Form 706 PDF)

Bankruptcy - Wikipedia

https://en.wikipedia.org/wiki/Bankruptcy
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Probate - Wikipedia

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

Sites: en.wikipedia.org (5) · www.uscourts.gov (1) · www.irs.gov (1)