gifting power

gifting power
 n.— «Allowing the people who watch over you to withdraw money for themselves—often called “gifting powers”—could be dangerous and needs to be discussed at length with your lawyer. Also, federal laws have changed and could make a person ineligible for medical assistance if a certain dollar amount of “gifting” was done.» —“Grandson in guardian quandary” by Jennifer Learn-Andes Times Leader (Wilkes-Barre, Pennsylvania) Sept. 11, 2006. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Made from Scratch (episode #1583)

Enthusiastic book recommendations! Martha’s savoring the biography of Alexander von Humboldt, the 19th-century explorer, polymath, and naturalist who revolutionized our understanding of nature and predicted the effects of human activity on...

Party at the Hosie

A listener who grew up in Schuylkill County, Pennsylvania, has fond memories of visits to the hosie, the local term for a firehouse that also functioned as a community center. Also spelled hozie, it’s defined in an online dictionary at the Coal...

Recent posts