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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
https://en.wikipedia.org/wiki/Bankruptcy
to liquidate their stock, such as this Drug Fair
https://en.wikipedia.org/wiki/Estate_planning
The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include legal tax avoidance
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
https://en.wikipedia.org/wiki/Probate
This is commonly the closest relative, although that person can renounce their right to be administrator, in which case the right moves to the next closest relative