half-a-loaf
n.— «If you already have a prepaid funeral, you would be able to do a “half-a-loaf.” The “half-a-loaf” is a method of gifting where you give away half of your assets and keep one-half to pay for the disqualification period for having given the other half away. Timing is critical in doing the “half-a-loaf” and if you wait too long, the only other option would be to give the proceeds to the nursing home.» —“Life Insurance and Medicaid” by Ronald H. Surabian Elder Law Center (Saugus, Massachusetts) Oct. 28, 2004. (source: Double-Tongued Dictionary)
Further reading
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Ever wonder what medieval England looked and sounded like? In Old English, the word hord meant “treasure” and your wordhord was the treasure of words locked up inside you. A delightful new book uses the language of that period to create...