The Ultimate Limited-Term Trusts Quiz If you have significant assets you want to protect in a way that allows you to specify how beneficiaries are treated, then a limited-term trust is an excellent choice.

The persons liable to pay the tax are the trustees, although the beneficiary is otherwise treated as the transferor.

Instead, the beneficiary is treated as if they had acquired the asset on the date of death, at its market value on that date.

The gap between charges and insurance payments grew, and today, according to Gerard Anderson, who directs the John Hopkins University Center for Hospital Finance and Management, charges for something like an operating room can be four times as much as what insurance companies actually pay when their beneficiaries are treated.