What does fresh start accounting mean? When it is utilized, how are a company's assets and its liabilities reported? Explain and support  What do you know about statement of realization and liquidation? Explain and support  What is the difference between estate and trust? Is there a different treatment taxation wise? Explain and support  What do you know about probate law? What are its objectives? Explain and support  What are devices? What are legacies? How are they used? Explain and support.