The Listen to Lawrence Letter: After the Sale…

May 10, 2024
May 7, 2024 • Volume 5 Issue 241
After the sale…read on:


I created an irrevocable Medicaid trust with your firm years ago, funding it with my condo. Recently the trust sold the condo and now the trust has the money.  I would like to earn some interest from that money. Can I put it into a CD under the trust?


YES! The trustee can invest the money in anything that seems appropriate, from CDs to mutual funds to another home (and the list goes on).

I hope this helps! Please forward this information to your friends and relatives to share these informative answers to some very commonly asked questions.

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Let’s stay connected. Stay safe!