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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December 7, 2022
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The Minnesota Board of Pharmacy recently reelected Henson Efron attorney Stuart Williams as President of the Board. This will be Williams’ 12th year on board and 8th year as president. The board recently embargoed and seeks the destruction of over $7 million of edible cannabinoids exceeding the THC limits set by state law. Read the…
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November 9, 2022
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On November 1st, 1976, two boutique law firms – known then as Efron & Kittler and Henson & Tully – finalized their merger; Henson Efron was officially founded. In the subsequent years, Henson Efron has called three downtown buildings home, has been led by three extraordinary managing partners, and has continued building off the strong…
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November 3, 2022
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For the 13th consecutive year, Henson Efron has been listed as a “Best Law Firm” by U.S. News & World Report and Best Lawyers® for 2023. Firms included in the “Best Law Firms” 2023 list are recognized for professional excellence with persistently impressive ratings from clients and peers. Best Lawyers® is the oldest and most…
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