Starkey Law

Starkey Law, LLC provides a personalized approach to Estate Planning.

To ensure each client's plan is tailored to his/her specific needs, Anna E. Starkey meets with her clients to discuss legacy goals, determine the location, value, and legal title of all assets owned by the client, determine amounts of any debt obligation, advise the client of potential tax issues and create a plan to minimize those tax obligations, address concerns regarding potentially problematic heirs, review client's old estate planning documents and make recommendations as applicable, create a plan to minimize the Probate process, discuss anticipated future available income vs. future needed income, and ensure the client fully understands the purpose of the recommended documents and the probate process.

All too often, business owners neglect to prepare a Business Succession Plan, an estate planning tool that specifies what will happen to the business should an owner die, retire, or become disabled.

Without a well-planned Succession Plan, should an owner die unexpectantly, the business will be considered an asset of the deceased owner's Estate and will have to go through Probate, with ownership ultimately being transferred according to the Maryland succession laws.

Southern Maryland is home to many beautiful family-owned and operated farms. And, without those open fields of hay and fences full of animals, Calvert, St. Mary's and Charles County would lose the part of the character that keeps most of us living here. To ensure future generations of farmers, a well-planned Family Farm Succession Plan is essential.

Preserving an aging family member's assets requires a detailed, complex legal plan as elder laws and benefit eligibility rules constantly change.

If you or a loved one finds himself/herself needing long-term nursing home care, he/she will understand immediately the impact a poor elder law plan will have on his/her financial stability - with monthly nursing home costs reaching $10,000 per month and no reasonable alternatives, individuals needing nursing home care are being required to deplete savings, bank accounts, retirement accounts, sell 2nd homes, and otherwise render themselves insolvent before Medicaid will cover these expenses.

Starkey Law, LLC offers creative solutions and industry specific legal advice to our Business Clients. We are committed to helping your business succeed by offering comprehensive legal services from the inception/formation stage through dissolution/sale/retirement. Starting a new business is such an exciting period of time, but it can also be full of doubt and hesitation.