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Discretionary trust: In a discretionary trust, certainty of object is satisfied if it can be said that there is a criterion which a person must satisfy to be a beneficiary (i
from the top result below
https://en.wikipedia.org/wiki/Trust_law
states are adapting the Uniform Trust Code to codify and harmonize their trust laws, but state-specific variations still remain
https://en.wikipedia.org/wiki/Bankruptcy
to liquidate their stock, such as this Drug Fair
https://en.wikipedia.org/wiki/Probate
After the testator dies, the person named in the will as executor can decline or renounce the position, and if so should quickly notify the probate court accordingly
https://en.wikipedia.org/wiki/Power_of_attorney
An attorney has power to act on behalf of the person; this power can be misused, for example, to steal the assets of a person who may be vulnerable (e
https://www.uscourts.gov/services-forms/bankruptcy
gov website belongs to an official government organization in the United States
https://en.wikipedia.org/wiki/Estate_planning
Assets left to any other heir, including the decedent's children, may be taxed if that portion of the estate has a value in excess of the lifetime gift, estate, and generation-skipping transfer tax exemption amount
https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
gov website belongs to an official government organization in the United States
Sites: en.wikipedia.org (5) · www.uscourts.gov (1) · www.irs.gov (1)