Wills and trusts are two basic devices used in the process of - determining in advance how one’s property and obligations should be transferred on death.

Estate Planning

Explanation:

According to my research on documentations for one's death, I can say that based on the information provided within the question these are two basic documentations used in the process of Estate Planning. Like mentioned in the question this is a strict and clear way of determining who the properties are transferred to in the case of the current owners untimely death.

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i don't get what you mean

explanation:

this statement is true.

forests are public goods, available for everybody. when usage of such a good becomes interesting for consumers and its usage increases, there can be a risk of overexploitation. it is a non rival good therefore, if one person consumes the good it does not reduce the availability for subsequent consumers.

these caracteristics require the establishment of measures in order to prevent the destruction of a commonly owned space, for example, to restrict the amount of people that have access to the same time.