Let’s say your mother has granted you power of attorney over her finances, and she has recently become unable to manage her own affairs due to dementia. Upon reviewing her accounts, you discover several thousand dollars of debt. Can creditors come after you personally for this money? The answer is no. Even if you have power of attorney, you are not responsible for your parent’s debt unless you were a co-signer on the loan. However, many adult children feel morally obligated to ensure these debts are handled appropriately. Before deciding what to do, it’s essential to understand your options and obligations.