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The government can pay salaries to employees in insolvent companies which do not pay them, but only if the company is declared bankrupt
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Bankruptcy - Wikipedia

https://en.wikipedia.org/wiki/Bankruptcy
to liquidate their stock, such as this Drug Fair

Trust (law) - Wikipedia

https://en.wikipedia.org/wiki/Trust_law
This may be done for tax reasons or to control the property and its benefits if the settlor is absent, incapacitated, or deceased

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

Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
If someone is already incapacitated, it is not possible for that person to execute a valid power, although in some jurisdictions, it may be possible for someone to have the capacity to execute a power of attorney even if they do not have the capacity to make the decisions that they are delegating

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

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)