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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Minnesota law firm Henson Efron recently named Melissa J. Nilsson and Brian C. Stegeman as shareholders while Lisa T. Spencer was elected to serve on the firm’s management committee, effective January 1, 2012. Nilsson’s practice focuses exclusively on the area of family law. She handles cases involving spousal maintenance, child support, child custody, parenting time, and the division of high…
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Three practice areas at the Minneapolis law firm Henson Efron were recently recognized in the 2011-2012 “Best Law Firm” 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 Family Law and Family Law Mediation…
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Corporate and business law attorney John C. Levy contributed an article titled “Delaware court’s decision could affect reverse triangular mergers” for the October edition of Minnesota Lawyer. The article covers the decision by the Delaware Court of Chancery in Meso Scale Diagnostics, LLC v. Roche Diagnostics GMBH regarding the ruling that a reverse triangular merger…
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Minnesota law firm 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® 2012. (Copyright 2012 by Woodward/White, Inc., of Aiken, S.C.) The four Henson Efron attorneys named as Best Lawyers for 2012 are: Joseph T. Dixon, Jr. – Bet-the-Company Litigation and…
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The Minnesota Board of Nursing, the state’s second-largest health licensing board, today elected Stuart T. Williams as its vice president. Williams is a principal practicing in the business litigation group at Henson Efron, P.A., a 32-attorney firm focusing in corporate, litigation, family, estate planning and real estate law. The Minnesota Board of Nursing is responsible…
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Minnesota law firm Henson Efron, P.A. today announced that nine of its attorneys were named 2011 Super Lawyers for the state of Minnesota by Super Lawyers Magazine, and four attorneys were named 2011 Rising Stars. In addition, Alan C. Eidsness was recognized in the top 10 of the overall Minnesota Super Lawyers list. The nine Henson…
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