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Unit trust: A trust where the beneficiaries (called unitholders) each possess a certain share (called units) and can direct the trustee to pay money to them out of the trust property according to the number of units they possess
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Trust (law) - Wikipedia

https://en.wikipedia.org/wiki/Trust_law
is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person

Bankruptcy - Wikipedia

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

Estate planning - Wikipedia

https://en.wikipedia.org/wiki/Estate_planning
Federal income tax purposes, a life insurance trust could be used to pay estate taxes

Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
In the context of the unincorporated reciprocal inter-insurance exchange (URIE) the attorney-in-fact is a stakeholder/trustee who takes custody of the subscriber funds placed on deposit with him, and then uses those funds to pay insurance claims

Bankruptcy Skip to main content

https://www.uscourts.gov/services-forms/bankruptcy
Court Programs Bankruptcy Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets

Probate - Wikipedia

https://en.wikipedia.org/wiki/Probate
Professional executors will charge the estate for carrying out duties related to the administration of the estate; this can leave the family facing additional costs

Estate tax | Internal Revenue Service Skip to main content

https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
After the net amount is computed, the value of lifetime taxable gifts (beginning with gifts made in 1977) is added to this number and the tax is computed

Sites: en.wikipedia.org (5) · www.uscourts.gov (1) · www.irs.gov (1)