Medicaid and Ethical Behavior

I just read an article in the latest issue of Wealth Manager by Nancy Rowland about a financial planner who has a son with cerebal palsy and is legally blind. Anyway, the article goes on to show how this financial planner set up a special trust so that her son would qualify for Medicaid should something happen to her and her husband.

To qualify for Medicaid, a disabled person can have no more than $2,000 in assets. This means that most people would have to spend all of their own resources BEFORE they could apply for Medicaid. A way around this is to set up a special needs trust, which then allows the assets to supplement Medicaid.

Although this is legal, I don't think it is ethical. I'm curious to know what my readers think.