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
What The Wealthy Are Doing With Their Estate Planning During The COVID-19 Crisis Excerpts from Forbes Article by Megan Gorman and Contributor Christopher Burns Across the country, Americans are reeling from the impact of the COVID-19 crisis. But as volatility impacts all areas of our daily life, many wealthy Americans are looking at their estate planning to see if there…
READ FULL ARTICLE >
As Governor Walz gradually loosens restrictions around the stay-at-home order, he continues to stress the safest place is home during this time of uncertainty. That doesn’t mean progress can’t be made as it relates to dispute resolution. Our qualified neutral ADR attorneys are now equipped with the tools necessary to effectively facilitate your mediation virtually…
READ FULL ARTICLE >
Attorney Jaime Driggs was selected last month to be an American Academy of Matrimonial Lawyers Fellow. This honor is bestowed on a limited number of attorneys with a high level of knowledge, substantial courtroom experience, and a proven track record. With over 1,600 Fellows nationally, AAML’s purpose is to provide leadership that promotes the highest…
READ FULL ARTICLE >
Attorney Allison Plunkett has been honored with a 2020 Excellence Award from the Hennepin County Bar Association for serving the association and foundation. She has been managing the summer softball league for the association the last few years and is an active member of the annual golf classic committee for the foundation. Allison and seven…
READ FULL ARTICLE >
Henson Efron attorney Katy Graves was featured in the Star Tribune article “Minnesota families struggle with shared custody in the pandemic.” For thousands of shared-custody families across the state, it’s been challenging navigating arrangements that require children to split time between homes with executive orders that direct people to stay in one place unless absolutely…
READ FULL ARTICLE >