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[11] If ever required, a durable power of attorney can be revoked or changed as long as the principal is still mentally competent to act
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Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
The examples and perspective in this article deal primarily with the United States and English-speaking world and do not represent a worldwide view of the subject

Trust (law) - Wikipedia

https://en.wikipedia.org/wiki/Trust_law
Courts can reverse a trustee's actions, order profits returned, and impose other sanctions if they find a trustee has failed in their duties

Probate - Wikipedia

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

Estate planning - Wikipedia

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

Bankruptcy - Wikipedia

https://en.wikipedia.org/wiki/Bankruptcy
The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment