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Find out if you can sign gmaw name then a by line with you. Be very, very careful with this. You do not want to be the one held financially liable.
The nursing home could pursue emergency guardianship or you could. Get on the phone with an elder law attorney for advice.
If you do become her POA then you sign everything with POA after ur name.
IF she is not competent you may have to become her Guardian and if that happens you could sign your name and after it you write "legal Guardian"
Does grandma have any other relatives? If so they would be notified if you were to seek Guardianship.
At this point I would sign NOTHING let grandma make her mark.
If it comes to all this see a Lawyer before acting in any way. It is important in legal matters that you fully understand what you are doing.