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.
Are You Ready for Minnesota’s New Data Privacy Law?
The Minnesota Consumer Data Privacy Act (“MCDPA”) introduces new rights for consumers and new obligations for businesses – and it takes effect July 31, 2025. If your business handles personal information from Minnesota residents, now is the time to prepare. Can you respond to consumer requests under the new law? Are your opt-out tools in place? Have you updated your privacy notice?
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June 2, 2013
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At the end of 2012, fearing the federal gift exemption was about to shrink from $5.12 million to $1 million, many affluent individuals made gifts to family members. To almost everyone’s surprise, however, not only did Congress renew the $5.12 million federal gift tax exemption, they increased it to $5.25 million. Estate planning, trust and…
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As a real estate attorney, Mollie R. Anderson is the animated and insightful author of The Dirt, a blog focused on news and analysis of issues in commercial real estate law. Mollie not only counsels business owners and developers at all stages of commercial real estate acquisitions, sales and leasing, she is also a member of the…
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May 13, 2013
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An equitable division of property can be difficult when the homestead is the only asset with equity and won’t be sold immediately. A marital lien in favor of the party moving out may be the only option but careful consideration must be given when drafting the decree to ensure all parties’ intentions are fulfilled. Read…
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May 8, 2013
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Corporate and business law attorney John C. Levy was recently featured in the Minneapolis/St. Paul Business Journal on his presidency and efforts behind the founding of the Minnesota Food Truck Association. Levy, chief manager and co-owner of celebrity chef Andrew Zimmern’s AZ Canteen food truck, shared his thoughts on his new Food Truck law focus, “Through…
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April 18, 2013
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John C. Levy, shareholder and business law attorney at the Minneapolis law firm Henson Efron, has been named president of the Minnesota Food Truck Association (MFTA). In February, Levy organized MFTA to advocate for the unique issues facing the fast-growing food truck industry, as well as support the vitality, diversity, and quality of food trucks through…
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