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Insurance tends to not see family "caregivers" as worthy of being paid. So, this likely will be out of his pocket.
As Power of Attorney, you can be paid, but "reasonable". I'm paid about $600-800 for full time work. My father's needs have been extensive. If that sounds like a lot, consider if i were working doing what I usually "do", my bill rate is $150 / hour. Most month's I'm not making $2/ hour.
This started out being a one-week "need", then it kept expanding. My father wasn't living with me. This was long distance support. A normal day (?) 4:30am PST to 3:30pm PST, sleep a couple hours. Get up and try to focus on something for me - even if it were just to get a shower, watch News, eat something, and then start in my computer work at about 8:30pm PST - sometimes 2am. Then sleep and get up and do it all over again - 6-7 days a week. I've learned a lot but this level of stress and no sleep has taken a toll on my health. It's also drained my savings.
My father is 93. Almost four years later, my vote is if your father has insurance, or if not can qualify for Medicaid, let him to go Assisted Living and you can visit as often as you like -- but you keep BOUNDARIES so you don' t lose your sense of self. I don't know your situation. What if your father lived to be 100, or older? How long are you willing to give up your life, your family needs, or whatever other needs you may have to be responsible for ....
Love yourself AND your father -in-law. Get him the best care possible - - and likely this may not be with you.
You mentioned his being overweight. My father weighs about 160 pounds at 5'8". It took TWO NEIGHBORS (one a nurse) to get him up off the floor last Friday when he fell after being sent home from the hospital too early.
Don't assume you can lift your FIL if he falls. And if you can - at what cost to your back?