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Hospice expects the family to provide round-the-clock care; they only visit periodically. But how can you provide that level of care and travel for work?
This is just a personal opinion, and definitely not a judgement. I would do everything I could to protect my career for the future, but stop working for the duration of hospice. I'd talk with personnel and my boss, and try to ensure I could come back when this is over. I would take family leave and vacation days. If there was ANY aspect of my job or some other job in the company that I could do from home, I would work that out.
Meanwhile, with the help of a financial advisor -- perhaps my banker -- I'd figure out what assets to use to get by without working for a few months. If we had two cars I'd sell one. (Actually, I did.) You lose more using up some assets than with others, so getting advice for this is a good idea. (Unless your profession is financial advising!)
I really feel for you. I wish I had more good-news advice.
Note that the majority of people do not get paid for taking care of their spouse, parents, aunt, uncle, child, or family friend.