Minnesota enacted significant revisions to its guardianship statutes in 2024 and 2025. These changes directly impact guardians – who now face greater potential personal liability – as well as individuals subject to guardianships.
Key Tax Changes Under the One Big Beautiful Bill Act (OBBBA)
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) became law as President Trump penned the final required signature. The OBBBA extends several provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) and includes other changes affecting the taxes of individuals and businesses. Below are summaries of selected tax law provisions.
Minnesota Adopts Changes to Trust and Estate Law, Including 500-Year Dynasty Trusts
In May 2025, substantial amendments to Minnesota’s trust and estate statutes were enacted. Some of these changes include changes to the Uniform Trust Code, the Uniform Probate Code, the Power of Appointment Act, and to modernize Minnesota’s statutory Rule Against Perpetuities. These revisions update the legal framework governing trusts and estates in Minnesota and enhance planning opportunities for multi-generation estate planning.
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September 11, 2025
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Congratulations to Caitlin Deal for being recognized by Minnesota Lawyer as a 2025 Up & Coming attorney!
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August 20, 2025
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Henson Efron is proud to announce that 27 of our attorneys are being honored by Best Lawyers® for delivering excellence in the field of law.
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July 24, 2025
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We’re proud to share that three Henson Efron attorneys are recognized in the 2025 Chambers and Partners High Net Worth Guide, one of the legal industry’s most respected guides to top attorneys and practice areas. Our Family Law practice was again ranked among the top in Minnesota, with Alan Eidsness and Lisa Spencer individually recognized…
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July 16, 2025
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We are honored to be recognized by Minnesota Lawyer as an In the Lead: Best Legacy Law Firm. Since 1976, we’ve worked with individuals and businesses navigating complex legal situations. What started as a firm of 10 individuals has now grown to a team of 62 people, including 34 attorneys. Our approach is grounded in…
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