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.
SEARCH
Allison Plunkett will be presenting a CLE (Continuing Legal Education) at the upcoming Mitchell Hamline Alumni golf tournament on July 19, 2021. The presentation is titled, “Ethical Pitfalls for Attorneys Representing Closely Held Companies.” Attendees will learn about the common ethical considerations and pitfalls that may arise under the Minnesota Rules of Professional Conduct when advising closely…
READ FULL ARTICLE >
Eric Friske has been reappointed by Governor Tim Walz and Lieutenant Governor Peggy Flanagan to another term on the Board of Architecture, Engineering, Land Surveying, Landscape Architecture, Geoscience, and Interior Design, effective June 23, 2021 through January 6, 2025. He was previously appointed by Minnesota Governor Mark Dayton for the term 2017–2021. Eric presently serves as Chair of…
READ FULL ARTICLE >
We are proud to announce Henson Efron has been named one of the Top 175 Workplaces in Minnesota by the Star Tribune. Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health and satisfaction. The analysis is produced by the Star Tribune and includes responses from over 76,000 employees at public, private and nonprofit organizations. “The…
READ FULL ARTICLE >
We recently moved to our new location within the Capella Tower and the media has highlighted our new space! This new location reflects the 45-year-old firm’s vision of a modern workplace. It supports how the nature of work has evolved over the past year and incorporates flexibility that will continue into the future. To read our…
READ FULL ARTICLE >