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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December 6, 2012
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Two practice areas at the Minneapolis law firm Henson Efron were recently recognized in the 2012-2013 “Best Law Firms” rankings 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 and Family Law Mediation…
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October 25, 2012
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Business law attorney Scott M. Hagel conducted a nation-wide live video broadcast in conjunction with the National Business Institute, titled “Helping Your Client Buy or Sell a Small-to-Medium Sized Business.” Image Source: www.nbi-sems.com/
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Henson Efron mourns the loss of Robert F. Henson, one of the leading attorneys to ever practice in the State of Minnesota. Bob epitomized what every lawyer should aspire to be: He was a highly skilled practitioner of law and our greatest friend, mentor, colleague and leader. Bob was recognized as a consummate professional by his…
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October 17, 2012
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Henson Efron, P.A. announced today that four of its attorneys were recently selected by their peers for inclusion in The Best Lawyers in America® 2013. (Copyright 2012 by Woodward/White, Inc., of Aiken, S.C.) The four Henson Efron attorneys named as Best Lawyers for 2013 are: Joseph T. Dixon, Jr. – Litigation and Commercial Litigation Alan C….
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October 15, 2012
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Henson Efron Estate Planning, Probate and Trust Administration attorney, Christopher J. Burns, and Family Law attorney Lisa T. Spencer recently presented “Estate Planning in Uncertain Times: Divorce, Death and Taxes” before both Minneapolis and St. Paul’s Estate Planning Council (Twin Cities Estate Planning Council) members as well as at AdvisorNet Financial, a financial advisory firm….
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September 10, 2012
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Business Law attorney Scott M. Hagel was recently a panel presenter on “How to Sell Your Business at the Right Time for the Right Price” at a seminar sponsored by Sunbelt Business Brokers. Hagel, along with the other panel members, discussed the value drivers of a business, business valuation approaches and what business owners need…
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