Rose Law Firm of Napa Valley, Inc.

Estate Planning And Business Law In Napa Valley And Beyond

The importance of long-term care as part of your estate plan

Many people, when they hear the term "estate plan," think of a will or a trust designed to pass assets down to your loved ones after you're gone. This is indeed a vital part of what estate planning does, but modern-day estate plans are much more comprehensive than "I leave my record collection to my son and my furniture to my daughter" instructions of the past.

There are key parts of today's comprehensive estate plans that might have not been considered previously. Most people now have plans to not only cover their assets, but also their care while in their later years. For example, health care directives and powers of attorney are now vital for most people as a way to ensure that your wishes are followed with regards to necessary medical treatment, resuscitation/end-of-life care and finances when you are no longer able to make important decisions on your own.

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