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https://en.wikipedia.org/wiki/Bankruptcy
At the edge of Europe, Egypt, Russia, and Turkey have histories of chronic default as well
https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
It consists of an accounting of everything you own or have certain interests in at the date of death (Refer to Form 706 PDF)
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
https://www.uscourts.gov/services-forms/bankruptcy
Courts hear cases over which they have jurisdiction granted by the Constitution or Congress
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
https://en.wikipedia.org/wiki/Estate_planning
The estate owner's specific goals determine the ultimate goal of estate planning and may be as simple or as complex as the owner's wishes and needs dictate
https://en.wikipedia.org/wiki/Trust_law
Trustees have a fiduciary duty to manage the trust for the benefit of the equitable owners
Sites: en.wikipedia.org (5) · www.irs.gov (1) · www.uscourts.gov (1)