Florida, United States:
Following my father's passing I am being asked to take on Power of Attorney for my mother whose cognitive function is in decline.
This is something I really don't want to do, because for one I live on the other side of the country and second my relationship with my parents was not a particularly loving one.
But, in any case, what came of the chaos after my father's passing was me performing many of the tasks that having POA would entail anyway: managing her affairs & finances, etc out of simple necessity and because she wants me to.
I am worried as to what kind of personal exposure to risk agreeing to legally being POA would carry and what happens if I simply decline.
That is, if my mom is sued by somebody for some reason, does that mean I am being sued, and my personal assets are at risk, rather than just hers'?
And, what if she runs out of money, would I be personally financially liable for covering her expenses? I mean I would help of course but I am not a man of means and I couldn't possibly cover her costs without cashing out my own retirement savings and I don't want to jeopardize my own livelihood.
And then, what if I simply don't have time to deal with her affairs, that is where I am being put in a position where I have to choose between keeping my job and my personal relationships at home versus going to deal with things over there, would having POA force me to do the latter?