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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March 30, 2016
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Three Henson Efron women attorneys are included in the 2016 Top Women Attorneys in Minnesota list by Super Lawyers. The list includes family law attorneys Kathryn Graves, Melissa Nilsson and Lisa Spencer, who was also named to the 2016 Top 50 Women list and the Top 100 Overall list, designations made to attorneys who received the highest point…
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March 25, 2016
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Christopher Burns along with Grant Walker of Wells Fargo will present “Charitable Planning: Tools and Practice” on April 22 over lunch at the Minnesota State Bar Association. Attend in person or participation by teleconference and webcast is available.
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March 8, 2016
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Henson Efron, P.A. is pleased to announce Allison M. Plunkett has joined the firm as an associate practicing in business law, and Eric M. Friske joined the firm as an associate practicing in litigation. Allison advises and represents businesses and individuals in a variety of transactions, including choice of business entity, governance structure and operating…
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February 24, 2016
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While Minnesota was enjoying mid-day high temperatures of -1, Christopher Burns was absorbing the content of the 50th Annual Heckerling Institute on Estate Planning in Orlando, Florida. Christopher brings that content back to Twin Cities Estate Planning Council and shares what is new, what remains the same, and what to expect in legislative changes and Supreme…
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February 4, 2016
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Alan Eidsness and Jaime Driggs have some guidance when it comes to the division of property in a family law article in Minnesota Lawyer™ Spousal maintenance is a tough issue for many reasons and the uncertainty surrounding whether tax consequences are considered makes it even more challenging. Read more at Spousal maintenance: when are the…
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January 8, 2016
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Christopher Burns with Lloyd D. Stern developed a list of changes to Minnesota trust law that are generally effective as of January 1, 2016. In a comprehensive update of the law, the Legislature codified caselaw, adopted many provisions of the Uniform Trust Code and added a provision for decanting trusts. “Key changes in Minnesota trust…
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