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The future ramifications of omitting assets from schedules can be quite serious for the offending debtor
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Bankruptcy - Wikipedia

https://en.wikipedia.org/wiki/Bankruptcy
If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their physical labour

Trust (law) - Wikipedia

https://en.wikipedia.org/wiki/Trust_law
A court of competent jurisdiction can remove a trustee who breaches their duty

Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
An attorney has power to act on behalf of the person; this power can be misused, for example, to steal the assets of a person who may be vulnerable (e

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

Estate planning - Wikipedia

https://en.wikipedia.org/wiki/Estate_planning
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Bankruptcy Skip to main content

https://www.uscourts.gov/services-forms/bankruptcy
Courts were created under Article III of the Constitution to administer justice fairly

Estate tax | Internal Revenue Service Skip to main content

https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
The fair market value of these items is used, not necessarily what you paid for them or what their values were when you acquired them

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