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, 2019
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Henson Efron is pleased to announce attorney Allison Plunkett has been named a 2019 Up & Coming Attorney by Minnesota Lawyer. Allison is a part of the business law group serving a wide-array of clients from solo entrepreneurs to multi-national corporations. With a broadening range of exposure to various types of transactions, industries and size…
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August 15, 2019
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We couldn’t be more proud of our 13 attorneys awarded this honor. The entire Henson Efron team of attorneys and staff work together to deliver excellence to our clients every day. It’s our mission to be the first call you make, and the last law firm you hire. Best Lawyers® lists are compiled based on…
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Henson Efron Shareholder and Family Law Attorney, Lisa Spencer, has been named 2020 Minneapolis Family Law Lawyer of the Year by Best Lawyers®. Only a single lawyer in each practice area and community is honored with this award. This is the second time Lisa has earned the recognition of her peers (2018) in this way. Lisa…
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August 5, 2019
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Henson Efron is pleased to announce Of Counsel Attorney, Lloyd Stern, joined the firm on August 1st, bringing his deep experience in the fiduciary administration of complex trusts and estates to the firm. For over 20 years, he has administered trusts and settled high-valued estates with complicated tax, accounting and valuation issues. Lloyd is also…
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July 5, 2019
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Henson Efron shines again in 2019 with 18 attorneys selected as Minnesota Super Lawyers or Rising Stars. Super Lawyer and Rising Star designations are awarded to attorneys that have attained a high-degree of peer recognition and professional achievement. The process involves peer nominations, independent research and peer evaluations. The top 5% of those nominated are…
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