My mother is 93 and doing remarkably well. As we all know, however, the weather can change at any moment, and things generally do not improve after 93. Years ago, at her request, we opened a checking account in both our names, so that in the event of emergency or incapacity, I could handle her bills. The money in the account is entirely hers; I have never made a deposit, withdrawn anything, or even written a check.
(She has other accounts and assets, but I am not named as a joint holder on any of the others.)
I know about durable POA, etc.; that is not the question I'm asking, and she's anxious about making any changes to her accounts.
I have a worry of my own, however, so here's my question: should Mom someday need care, does having my name on this checking account open me to liability or financial responsibility for her elder care costs (home care, independent or assisted living, nursing home) if she runs out of money?