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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August 14, 2024
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Henson Efron is proud to announce that 27 of our attorneys are being honored by Best Lawyers® for delivering excellence in the field of law.
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July 25, 2024
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We are pleased to announce that Henson Efron’s family law practice has been recognized by Chambers and Partners in the 2024 High Net Worth Guide.
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July 24, 2024
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We are proud to announce six Henson Efron attorneys have been included in Minnesota Monthly’s 2024 list of Top Lawyers in Minnesota. This list is based on an online peer-review survey sent to all lawyers in Minnesota, and thousands of votes were cast honoring excellence in all areas of practice. We are honored to have…
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