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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We are excited to share that our client Classic Collision is being honored as the #1 fastest-growing company in Georgia in the high middle-market category by the Association for Corporate Growth, Atlanta Chapter. Being a 2024 honoree of the prestigious Georgia Fast 40 Award underscores the company’s transformational and fast-paced growth, hard work, and dedication…
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We are extremely proud to announce that 22 of our attorneys have been selected as 2024 Minnesota Super Lawyers or Rising Stars. Four attorneys are Top 100 honorees, two are included in the Top 50 Women category, and one is a Top 10 honoree! Thank you to our peers for recognizing our exceptional team of attorneys…
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Henson Efron is pleased to announce that paralegal Jennessa Carlson has joined the firm. She will be a great asset to the Family Law team, bringing over a decade of experience as a paralegal in family, juvenile, and adoption law. She is dedicated to positively impacting clients’ lives, ensuring they feel supported and understood through…
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We are proud to announce Henson Efron has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune. Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health and satisfaction. The analysis included responses from over 124,000 employees at Minnesota public, private and nonprofit…
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Lisa Spencer, President and Shareholder at Henson Efron is a 2001 graduate of Mitchell Hamline. She is one of 11 new board members beginning July 2024. Mitchell Hamline’s 32-member Board of Trustees is composed of leaders in the legal profession, business, and the nonprofit sector.
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