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
GD USA recently announced Henson Efron’s new website as an award winner in the 2018 American Web Design Awards. This annual showcase focuses on the power of design to enhance websites and online communications and experiences. This highly-respected publication, now in its 55th year, has long sponsored design competitions that spotlight areas of excellence. This year there…
READ FULL ARTICLE >
The Minnesota State Bar Association has named Henson Efron attorneys Christopher Burns and Eric Friske as 2017 North Star Lawyers. Both Christopher and Eric have individually contributed 50 hours or more of legal services last year to those who otherwise could not afford legal counsel. We are proud of their generous donation of time and…
READ FULL ARTICLE >