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
November 7, 2014
READ FULL ARTICLE >
Henson Efron congratulates estate planning, trust, and probate chair, Christopher J. Burns, on his re-election to the Woodbury City Council. He was first elected in 2010 and currently chairs the Woodbury Street Rehabilitation Task Force. According to the Woodbury Bulletin newspaper, “Burns termed himself a tax ‘watchdog’ and said he’ll continue focusing on efficient government…
READ FULL ARTICLE >
November 4, 2014
READ FULL ARTICLE >
Three practice areas at the Minneapolis law firm Henson Efron were recently included in the 2015 “Best Law Firms” list in the Minneapolis metropolitan area by U.S. News Media Group, the publishers of U.S. News & World Report and Best Lawyers®. As part of this year’s ranking, Henson Efron’s Family Law practice was named at…
READ FULL ARTICLE >
October 27, 2014
READ FULL ARTICLE >
Litigation attorney Stuart T. Williams was appointed by Governor Mark Dayton to the Minnesota Board of Psychology. He is one of three public members on the eleven-member Board. The mission of the Minnesota Board of Psychology is to protect the public through licensure, regulation, and education to promote access to safe, competent, and ethical psychological…
READ FULL ARTICLE >
October 20, 2014
READ FULL ARTICLE >
The unanimous United States Supreme Court decision in Clark v. Rameker affirmed that funds from inherited IRAs were not protected from bankruptcy creditors. Estate, trust and probate attorney Christopher J. Burns and Kiley Henry detail the decision in their article, “When is an IRA not an IRA?” and discuss what attorneys and other advisors should…
READ FULL ARTICLE >
September 10, 2014
READ FULL ARTICLE >
Litigation attorney Stuart T. Williams was appointed by the President of the National Association of Boards of Pharmacy (NABP) to the Task Force to Examine Strategies for Preventing and Reacting to Pharmacy Robberies and Theft. The newly formed Task Force will address the recent increase of theft of controlled substances caused by the national epidemic…
READ FULL ARTICLE >