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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October 24, 2022
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Firm President Lisa Spencer was quoted in the recent Star Tribune article “In love and owning a business in Minnesota? You may need a prenup”. Lisa speaks about the importance of starting the prenup process early so that it does not interfere with wedding planning, “It’s a really hard thing to talk about, but it’s better done now than…
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September 19, 2022
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At Henson Efron, we delve into a wide range of legal issues, including guardianship. In the article below, we share a recent court ruling which provides protection as it relates to personal and financial liability of private guardians in Minnesota. The Minnesota Court of Appeals recently upheld a 2020 Minnesota statute1 that bars claims against…
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August 22, 2022
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We are proud to announce that 22 of our attorneys are being honored by Best Lawyers® for delivering excellence in the field of law. For the last 40 years, Best Lawyers® has employed a sophisticated and transparent peer review process to highlight the best legal talent in America. We are pleased to be recognized by…
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July 29, 2022
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Henson Efron is pleased to announce litigation attorney Benjamin Hamborg has been named a 2022 Up & Coming Attorney by Minnesota Lawyer. Ben helps clients with complex legal and business matters, including business torts, breaches of contract, intellectual property, real estate issues and employment disputes. This knowledge, coupled with a strong work ethic, has led Ben to work on several high-profile…
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July 18, 2022
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We are extremely proud to announce 20 of our attorneys have been honored as 2022 Minnesota Super Lawyers or Rising Stars. Four of which are Top 100 honorees, as well as two Top 50 Women and an extraordinary Top 10. Henson Efron has been delivering smart, creative and cost-effective counsel to our clients and referral partners for…
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June 29, 2022
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We are proud to announce nine Henson Efron attorneys have been included on the Minnesota Monthly publication 2022 list of Top Lawyers in Minnesota. This list was created by PRS (Professional Research Services) and is based on an online peer-review survey sent to all lawyers in Minnesota. Thousands of votes were cast honoring excellence in…
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