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 proud to announce Henson Efron attorneys Christopher Burns, Caitlin Deal, Joe Dixon Jr., Katy Graves, Anne Haaland, Sarah J. Hewitt, Amy M. Krupinski, Scott Neilson, Lisa Spencer, Lloyd Stern, Dylan Wallace and Kelly Zech have been recognized as 2023 North Star Lawyers by the Minnesota State Bar Association. The Minnesota State Bar Association recognized…
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Following a nomination by Henson Efron paralegal, Jake Enger, Bob Gagne, a volunteer with Employer Support of The Guard and Reserve (ESGR)* was on site to present Lisa Spencer with the Patriot Award. This award recognizes efforts made by employers in support of citizen warriors through a wide range of measures including flexible schedules, time…
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