Dad is 88, in a wheelchair & needs 24/7 care. He recently had a stroke & suffers from dementia. He is a happy & sweet man. We have to dress him, change diapers, bathe him. We take him to all medical appts & coordinate all healthcare care including medication. He receives 3+ delicious home cooked meals a day. We do his laundry & change his bed linens. It takes both of us to get dad in & out of the car. We are also in charge of selling his assets. I have POA. We don't want to overcharge but want to be fairly compensated. Dad can afford the $3000 a month
To me, the notion that Dad's assets should be preserved until he dies and then passed on as an inheritence is absurd. His money is for his care, as long as he needs it. He can afford to pay for it, so why shouldn't he? Better to keep it in the family, assuming he is truly getting his money's worth of great care.
Sounds like Dad is very lucky to have you, and to be getting such personalized care.