Proactive Today for a Peaceful Tomorrow
To protect yourself and your family, you need a comprehensive estate plan that covers all of your assets, liabilities, and future needs and goals. It is important to look at all types of property and how you want it to be handled in the short term and long term.
Before you can develop a plan with your estate planning attorney, you need a complete understanding of your financial situation, including the overall picture and the closeup view of individual details. A properly prepared schedule of assets will provide that understanding. The team at Jennifer Porter Law, PLLC, can help you develop a complete schedule of assets that will provide a solid base to build a plan to meet your needs and the future needs of your family.
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Contact us today for a consultation, and let us help you make informed decisions about your future.
Ms. Himel-Nelson is such a smart and impressive attorney– she mastered a mountain of research to answer some really complicated questions for me. I was really fortunate to work with her!…Read Full Google Review
Melody W
Before hiring Ms. Nelson, I was deeply concerned about becoming a burden to my children and leaving behind unresolved estate matters during their grief process. Having experienced the devastation of losing both my mot…Read Full Google Review
Jackson Child Care
Working with Stephanie throughout this process was so perfect. Her bedside manner and guidance throughout the preparation and execution of our estate plan was incredible. Truly a bespoke legal experience and I highly…Read Full Google Review
Kate Hudson
We take the time to truly listen and understand your needs.
Attention to detail that larger firms often overlook.
A focus on quality, not quantity.
Jennifer Porter
Jennifer Porter Law, PLLC
Many people think of a schedule of assets as an inventory. The schedule is a document that lists all your assets, or property with value.
In some instances, it is important to include and describe specific items while in other cases, the schedule can list a general category with an estimated value for all the property in that category. For instance, a valuable piece of heirloom jewelry might be described with enough detail so that it could be identified specifically, while other jewelry might be listed by category such as “gold necklaces” or even simply “jewelry.” Your legal team can help you assess how much detail to provide for various types of property.
The schedule you prepare should list all assets held in your name or assets in which you hold a legal interest. This could include:
It is helpful to include at least an estimated value for each item or category. This not only helps with planning purposes, but could also help when your personal representative or trustee needs to wind up your final affairs. If you include information such as where to find an asset or account numbers and passwords used to access assets digitally, it will be of even greater use to those who are trying to help you during your lifetime and those working to ensure that your loved ones are protected after you pass away.
Had an absolutely great experience. Not exactly stuff you want to do, but they do everything to make it as painless as possible. Stephanie and Jennifer both had great bedside manner, explaining patiently everything an…Read Full Google Review
Michael Hudson
I’ve had the pleasure of working with Stephanie Himel-Nelson for the past 4 years. Her knowledge and skills in the area of Estate Planning and Contract Law are unparalleled. On a personal level, Stephanie is warm, kin…Read Full Google Review
Patrick O'Hara
A schedule of assets is helpful when starting to prepare or update your estate plan because it lets your estate planning attorney know some of the issues to be addressed in your plan, such as whether you are likely to need a strategy to minimize estate tax or whether you may need to retitle real estate or review beneficiary clauses.
In addition, a schedule of assets will be used with a revocable living trust to clarify property you hold and how you want it to be distributed. A schedule of assets can also simplify the probate process after your death. If you become incapacitated, a schedule of assets can help your agent or trustee manage your property on your behalf.
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Stephanie Himel did an incredible job supporting me and my spouse during our estate planning. She patiently walked us through the ways we could ensure our children would be protected if one or both of us died or was i…Read Full Google Review
Kayla Williams
Our 20+ year old will, trusts and associated docs needed a review and update. On the recommendation of a friend, we reached out to the Jennifer Porter Law firm and were promptly contacted by a partner, Stephanie Himel…Read Full Google Review
John Munnell
I recently had the pleasure of working with Stephanie Himel-Nelson at Jennifer Porter Law Firm’s Norfolk office to create power of attorney documents for my adult son and myself. Stephanie was incredibly responsive an…Read Full Google Review
Seta Vandegrift
Preparing a schedule of assets takes time and effort, so you want to do it correctly. Our team is ready to help whether you live in DC, Virginia, or Maryland. We can work with you to create a schedule of assets that will serve your needs, and assist with updates as needed to meet changing circumstances. Just schedule a consultation to get started.
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Let’s face it together – one conversation at a time.
Stephanie Himel-Nelson at Jennifer Porter Law was very helpful when we needed some legal work done on the deed to our house. The process was easy, with quick results.…Read Full Google Review
Stephen Hock
Ms Nelson was extremely helpful in advising me and helping me with the paperwork that needs to occur when your child turns 18. She was very knowledgeable, thorough and efficient. I am very pleased and will be having h…Read Full Google Review
Trisha Jones
Fairfax Office
Norfolk Office
Disclaimer: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established. Please be advised that the results achieved in any given case depend upon the exact facts and circumstances of that case. Jennifer Porter Law, PLLC cannot guarantee a specific result in any legal matter. Any testimonial or case result listed on this site is based on an actual legal case and represents the results achieved in that particular case, and does not constitute a guarantee, warranty or prediction of the outcome of any other legal matter. Privacy Policy | Terms of Service.
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