Karen M. Holyoke

        Partner
        Contact Info
        Karen Holyoke Karen Holyoke

        Karen focuses her practice in the areas of estate planning, trust and estate administration, and planning for owners of closely held businesses.

        Karen is strongly client focused, a good listener, and delivers complex advice simply, with an emphasis on kindness and respect. Her practice includes advising clients on complex strategies relative to charitable giving and estate and gift taxes, including marital trusts, credit shelter trusts, irrevocable life insurance trusts, qualified personal residence trusts, and charitable trusts. She also advises nonprofit entities on a variety of issues, including formation and qualifying for tax exempt status.

        Karen began her career at a central Maine firm focused on business law. She took that expertise in house, serving as Corporate Counsel and then Vice President of Corporate and Legal Affairs (2004­2015) at the local electric utility. That role led to a role in business operations, serving as the Vice President of Customer Experience (2015-2018). Karen was also a general practice attorney at a small local firm in the Bangor area.

        Immediately after law school, Karen served as Judicial Clerk to Andrew J. Kleinfeld, United States Circuit Judge, United States Court of Appeals for the Ninth Circuit, based in Fairbanks, Alaska. While at the University of Utah School of Law, Karen was admitted to the Order of the Coif, as a member of the top 10 percent of her class and was Managing Editor of the Utah Law Review.

        Karen has been active in a variety of community activities, presently serving on the Board of Directors of the Eastern Area Agency on Aging. She is the two-time recipient of the Chairman’s Award for Contribution to the Bangor YMCA’s Annual Fund.

        Along with her husband John, Karen lives in Brewer with her two dogs and a cat and tries to keep up with her three college-aged children.

        Services/Industries

        Education

        • University of Utah, S.J. Quinney School of Law (J.D.)
        • University of Maine (M.Ed.)
        • University of Toronto, Victoria College (B.A.)

        Public Service

        • Vice President, Eastern Area Agency on Aging
        • Advisor, Olympia Snowe Women’s Leadership Institute, Class of 2028 Leaders in Newport

        Bar Admissions

        • Maine

        Court and Other Admissions

        • U.S. District Court, District of Maine

        Memberships

        • Director, Eastern Area Agency on Aging – 2024-Present
        • Director, Maine Winter Sports Center – 2013-2014
        • Director, United Way of Eastern Maine – 2014-2016
        • Director, Maine State Chamber of Commerce – 2014-2015
        • Director, Bangor YMCA – 2007-2013

        Honors

        • Listed in Best Lawyers ® in America under Trusts and Estates in Bangor, Maine

        Learn more about the third-party ratings, rankings, and selection processes used for inclusion.

        Events
        When: November 5-6, 2025
        Location: Webcast
        When: September 17, 2025 at 9:00am – 4:30pm (EDT)
        Location: Webcast

        Firm Highlights

        Blog

        Will the Knicks Beat the Spurs? (Are Prediction Market Event Contracts Gambling?)

        For those of you who like to keep score, currently 18 states are engaged in litigation over prediction markets, such as Kalshi and Polymarket,...
        Alerts and Newsletters

        DOJ Announces Faster Review and Enhanced Enforcement for Benefits-Fraud FCA Matters

        On May 27, 2026, the U.S. Department of Justice (DOJ) Civil Division issued a new memorandum, “Accelerating Review and Enhancing Enforcement in...
        Alerts and Newsletters

        DOJ Announces Minnesota Health Care Fraud Takedown; Signals Intensified Medicaid Enforcement Nationwide

        On May 21, the Department of Justice (“DOJ”) announced a first-of-its kind Minnesota Health Care Fraud Takedown charging 15 defendants, including...
        Media Mentions

        Lauren Galvin Quoted in Massachusetts Lawyers Weekly on Arbitration and Anti-SLAPP Protections

        Verrill Partner Lauren Galvin was recently featured in a Massachusetts Lawyers Weekly article highlighting a notable Superior Court decision...
        Blog

        Section 530A Accounts: What Employers Should Consider Before Offering Contributions to “Trump” Accounts

        Section 530A accounts, commonly referred to as Trump accounts, have attracted attention since the enactment of the One Big Beautiful Bill Act in...
        Blog

        Navigating PBM Reform: Regulatory Changes, Market Shifts, and Practical Guidance for ERISA Fiduciaries

        Pharmacy Benefit Manager (“PBM”) arrangements have long relied on rebates with limited transparency into true drug costs. Recent regulatory and...
        Blog

        DOL’s Proposed Regulation on Selecting Alternative Investments: Broad Implications for 401(k) and 403(b) Plan Fiduciaries

        On March 30, 2026, the Department of Labor issued a proposed regulation purporting to implement an executive order to expand access to “alternative...
        Press Releases

        Verrill Welcomes Private Clients & Fiduciary Services Attorney Gracie Castle

        BOSTON, Massachusetts – Verrill is pleased to welcome Gracie Castle to the firm’s Private Clients & Fiduciary Services Group as an Associate,...
        Published Works

        Francesco De Vito Authors Article in the Journal of the American College of Mortgage Attorneys

        Verrill Partner Frank De Vito authored an article featured in the Spring 2026 issue of The Abstract, the journal of the American College of Mortgage...
        Alerts and Newsletters

        Recent FinCEN Advisory Highlights Rising Health Care Fraud Risk for Financial Institutions

        As the federal government intensifies its “whole of government” approach to combat fraud, waste, and abuse, particularly in Federal Health Care...
        Press Releases

        Two Verrill Attorneys Featured in the 2026 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers List

        PORTLAND, Maine – Verrill attorneys Roger A. Clement, Jr. and Robert J. Keach have been featured in the 2026 Lawdragon 500 Leading Global...
        Published Works

        Verrill Attorney Mark Googins Co-Authors Maine Commercial Lending Handbook

        Verrill attorney Mark Googins has co-authored the Maine Commercial Lending Handbook (Second Edition), published March 2026.  A trusted, practical...