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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Stuart Williams, business and environmental litigation attorney, was re-elected president of the Minnesota Board of Pharmacy for a fifth term. He served as president in 2017 and will continue to serve as president of the Board in 2018. Stuart has been a member since 2011. The mission of the Minnesota Board of Pharmacy is to…
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A recent study shows that large companies increasingly want to work with smaller, more innovative law firms. Quizzing over 300 General Counsel at global organizations with more than $1 billion in revenue, the survey asked about the factors that are most important when identifying and appointing law firms. The resulting data shows that companies are…
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Three practice areas were recently included in the 2018 “Best Law Firms” list in the Minneapolis metropolitan area by U.S. News & World Report and Best Lawyers®. As part of this year’s ranking, Henson Efron’s Family Law practice was named at the highest Tier 1 Metropolitan level and its Commercial Litigation and Family Law Mediation practices were recognized at the Tier…
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Jennie Clarke recently participated in a panel discussion moderated by CEO Roundtable president, Michael Miller, and hosted by the Minneapolis-St. Paul Business Journal,on the subject of succession planning in family owned businesses. The conversation highlighted the many areas that challenge the smooth transition of business from one generation to another such as agreeing on valuation and letting go…
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Rochelle Hauser and Allison Plunkett, both graduates of William Mitchell College of Law, spend up to five hours every week grading papers and interacting with part-time students of the HYBRID J.D.℠ program of their alma mater. This program, the first and only of its kind offered by an ABA-approved law school in the country, is in its third year…
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