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https://en.wikipedia.org/wiki/Bankruptcy
to liquidate their stock, such as this Drug Fair
https://en.wikipedia.org/wiki/Trust_law
In most jurisdictions, this requires a contractual trust agreement or deed
https://en.wikipedia.org/wiki/Power_of_attorney
The examples and perspective in this article deal primarily with the United States and English-speaking world and do not represent a worldwide view of the subject
https://www.uscourts.gov/services-forms/bankruptcy
gov website belongs to an official government organization in the United States
https://en.wikipedia.org/wiki/Estate_planning
Estate planning or inheritance planning is the process of anticipating and arranging for the management of a person's estate or net worth during the person's life in preparation for future incapacity or death
https://en.wikipedia.org/wiki/Probate
This may include continuing or filing lawsuits that the deceased was entitled to bring, making claims for wrongful death, paying off creditors, or selling or disposing of assets not particularly gifted in the will, among others
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)