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There are 45 articles here on this site to give you the basics of POA. I'm sure most, if not all, at some point suggest getting with an elder care attorney.

www.agingcare.com/topics/55/power-of-attorney-poa/articles

Best wishes to you and hubby.
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Knowing so little about what a POA is I suggest that you not attempt to be one.
A POA is never responsible for the expenses and bills of their principle. They ARE responsible for paying them out of the principle's accounts, and for getting these accounts set up correctly and keeping meticulous records of all expenditures of every penny into and out of the elder's accounts.

Do see an elder law attorney if your own research about "being a Power of Attorney" doesn't supply you with enough information.
This is an important and legal fiduciary responsibility and should never be taken on lightly or without the proper skills to accomplish it.

Wishing you the best.
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POA has nothing to do with assuming prior debts of the loved one you're representing. Speak to an elder care attorney for clarification of your duties.
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