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I moved them from Illinois to Assisted Living in Georgia in September so they could be closer to me. They both have dementia.

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What you can be paid as POA is delineated IN YOUR DOCUMENT and you cannot be paid more no matter what you do. You can pay for attorney help. You can pay movers for them. You can pay their housing and their care. But you cannot pay YOURSELF other than what is listed as payment for serving as POA in document. If that's nothing then there is nothing. If that is some small percentage, then that's OK. But other than that, it is considered highly illegal for a POA, a Fiduciary, to "enrich him/herself". Check with an attorney as to what compensations may be sought. Look under the laws of your state researching in search bar under "payment for POA state of ____________."
Good luck.
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Reply to AlvaDeer
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I think it will be a little tricky since it is "after the fact" and I'm going to assume there is no written contract.

1000 x $15 p/hr = $15k

This would surely look like gifting to Medicaid, if they ever needed to qualify for it within the next 5 years.

The gift tax limit for 2024 is $18,000.00. Can they afford it? Do you have siblings who would get worked up over this "payment" (which happens a lot unfortunately)?

Did you save receipts that related directly to their care? Did you have to limit work or quit your job to care for them?

It may not be a bad idea to pay for a consult with an elder law attorney to make sure you don't shoot yourself (or your parents) in the foot. Not saying you don't deserve the payment, but it may have consequences not far down the road.
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Reply to Geaton777
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I just put them there, so I was caring for them in their home
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Reply to Debbiebots9
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Why are you doing so much if they’re in assisted living? It’s the facility’s job to assist with their living, not yours. It’s right there on the title.
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Reply to ZippyZee
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