I am the paid caregiver for my dad, I am also the POA. He will need a fiduciary due to dementia. If I am being paid per contract to care for my dad, and I place these funds in a separate account to show the change of hands, does this become the fiduciary account? I am confused. If I have to report this as "income" for my own taxes, why are there guidelines out there mentioning specifics about what can and can't be spent from this account, such as cash?