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[17] If a person commits an act of bankruptcy, then a creditor can apply to the Federal Circuit Court or the Federal Court for a sequestration order
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Bankruptcy - Wikipedia

https://en.wikipedia.org/wiki/Bankruptcy
Bankrupt is not the only legal status that an insolvent person may have, meaning the term bankruptcy is not a synonym for insolvency

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

Bankruptcy Skip to main content

https://www.uscourts.gov/services-forms/bankruptcy
gov website belongs to an official government organization in the United States

Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
An attorney-in-fact may be a layperson and is authorized to act pursuant to the powers granted by a power of attorney but may not engage in acts that would constitute the unauthorized practice of law

Estate planning - Wikipedia

https://en.wikipedia.org/wiki/Estate_planning
of income tax, gift tax, capital gains tax, inheritance tax, and generation-skipping transfer tax plays a significant role in choosing the structure and vehicles used to create an estate plan

Estate tax | Internal Revenue Service Skip to main content

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)