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https://en.wikipedia.org/wiki/Bankruptcy
For private households, it's important to assess the underlying problems and to minimize the risk of financial distress to recur
https://en.wikipedia.org/wiki/Trust_law
The trust is governed by the terms under which it was created
https://en.wikipedia.org/wiki/Power_of_attorney
Formerly, the term "power" referred to an instrument signed under seal while a "letter" was an instrument under hand, meaning that it was simply signed by the parties, but today a power of attorney does not need to be signed under seal
https://en.wikipedia.org/wiki/Estate_planning
Other tax-free alternatives include paying tuition expenses or medical expenses free of gift tax, but only if the payments are made directly to the educational institution or medical provider
https://en.wikipedia.org/wiki/Probate
It is possible to get a professional executor to renounce their role, meaning they will have no part in dealing with the estate; or to reserve their power, which means the remaining executors will carry out the related duties, but without the involvement of the professional executor