My ex-husband has a real estate investment trust which cannot be liquidated until the REIT sells its assets. He is applying for Medicaid, any advice?

I think you need to consult an elder attorney familiar with Medicaid. If the REIT is publicly traded, I would call his broker and have him sell those shares. If it is a privately REIT, I would check with other members to see if one of them would want to buy his stake in the REIT. Also, find out if there is a definite date the REIT is going to close. Also, does he get monthly or quarterly payments on his investment in the REIT? an elder attorney could tell you if you can you can paid back.

Suzi - you posted on this issue a few months back..... did you look into any of the suggestions put forward then? Like getting REIT as inaccessible asset? Or Promissory note?

Is this a non-traded REIT? What does his eldercare attorney say about how to list this illiquid asset on the Medicaid application?

moving your question up so people who have answers might see it.