Legal Advisory Workshops
The Impact of Divorce on Business
Marriage is often referred to by Maine courts as an economic “partnership” It creates legal rights and obligations that give each person a potential claim to the other’s assets, income and business interests at the time the marital bond is dissolved by divorce. A divorce, therefore, can have adverse consequences for the divorcing spouse who owns a business, as well as for that spouse’s partners, fellow shareholders, and even employees. This seminar will discuss various ways in which divorce can affect a business owner and strategies (such as prenuptial agreements, buy-out/buy-back agreements and segregation of pre-marital property) that can be employed to minimize the disruptive and destructive consequences of divorce.
A Chamber Seminar
Attorney Elliott Epstein
Andrucki & King
Elliott Epstein, who is “of counsel” to the Lewiston law firm of Andrucki & King, has been a Maine trial attorney for 37 years. He has handled a broad range of civil cases, including workplace discrimination cases, and has advised and represented several community mental health agencies. In addition, he has taught law classes and seminars, published numerous legal journal articles, including one on the confidentiality of mental health records, and written a book, “Lucifer’s Child,” which explores the mental health implications of the 1984 oven murder of a 4-year-old girl in Auburn, Maine.
Please note: If you wish to cancel your registration for this event, please be advised that The Chamber requires notification of cancellation at least 2 business days (no less than 48 hours before the start time) in advance of the event. Otherwise, no refunds will be issued.