You may also want to research Miller trusts if you haven’t already. Some states (looks like CO is one of them) allow a trust to be created so that the senior can qualify for Medicaid. The extra funds apparently are paid back to Medicaid when the recipient dies.
Depending what state you live in, I know someone who gets paid a substantial amount of caregiver money for taking care of their loved one 24/7. Medicaid make some exceptions if one is over the limit. Please get in touch with your local Medicaid office and ask to speak with someone concerning the foster care program. Good Luck.
https://www.agingcare.com/articles/how-to-use-a-miller-trust-for-medicaid-eligibility-207367.htm