Some people struggling to figure out how to pay for health care during their later years have a concerning solution: They're asking financial advisors to help make them poor so they can qualify for Medicaid.
A new Nationwide Financial advisor survey released last week found that half of advisors say they have clients asking about giving all their money to their children in order to qualify for government assistance in paying for long-term care.
According to the Harris Interactive survey of some 500 financial advisors, 42 percent also say their clients think of "Medicaid planning" as a way to preserve their children's inheritance.
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