Trustees have a fiduciary duty to manage the trust for the benefit of the equitable owners

At the edge of Europe, Egypt, Russia, and Turkey have histories of chronic default as well

a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death

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

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

Courts hear cases over which they have jurisdiction granted by the Constitution or Congress

It consists of an accounting of everything you own or have certain interests in at the date of death (Refer to Form 706 PDF)