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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April 7, 2014
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The Minnesota Legislature recently passed, and the Governor has signed, House Bill 1777 (the “tax bill”). The Henson Efron Estate Planning, Probate, and Trust Administration attorneys would like to highlight a few provisions that may be of interest. 2014 Minnesota Tax Law Changes (PDF)
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March 28, 2014
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U.S. District Judge Richard Kyle denied a motion by Chris Kyle’s widow to dismiss former Minnesota Governor Jesse Ventura’s defamation lawsuit, allowing it to go to trial. Litigation attorney, David Bradley Olsen, said, “Obviously we’re pleased by the decision and we think the judge got it correct. We’ve been saying from the beginning that this…
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March 26, 2014
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Henson Efron won a major victory for its client, a Minnesota-based construction contractor specializing in non-destructive excavation, in a Ramsey County District Court of Minnesota jury trial. The lawsuit stemmed from disputes between the founding owners and requested a court-ordered buyout of the opposing parties’ shares. Counterclaims were asserted against the client for breach of…
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