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Legal and natural persons, including individual entrepreneurs, who have an indisputable payment obligation exceeding 60 days and amounting to more than one million AMD can be declared bankrupt
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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

Power of attorney - Wikipedia

https://en.wikipedia.org/wiki/Power_of_attorney
The one authorized to act is the agent,[1] attorney, or in some common law jurisdictions, the attorney-in-fact

Bankruptcy Skip to main content

https://www.uscourts.gov/services-forms/bankruptcy
Court Role and Structure The judicial branch is one of the three separate and distinct branches of the federal government

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

Probate - Wikipedia

https://en.wikipedia.org/wiki/Probate
free encyclopedia Proving of a will Not to be confused with Probation

Trust (law) - Wikipedia

https://en.wikipedia.org/wiki/Trust_law
It is possible for a single individual to assume the role of more than one of these parties, and for multiple individuals to share a single role

Estate tax | Internal Revenue Service Skip to main content

https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
The value of some operating business interests or farms may be reduced for estates that qualify

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