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.
Should I Buy or Lease a Space? Consider these X-Factors!
It’s the burning question on the mind of many entrepreneurs – should I buy or lease a building for my business? Trulia recently ranked the top 10 U.S. cities where buying currently makes more financial sense than renting, and 9 of the top 10 were in the Midwest. The survey focused on residential property, but…
Pending Family Law Legislation
Alan Eidsness | Jaime Driggs | Minnesota Lawyer
The 2015 legislative session is shaping up to be an interesting one for the family law community. Attorneys Alan C. Eidsness and Jaime Driggs cover the possible changes and impacts in Pending Family Law Legislation. “This legislative session is shaping up to be an interesting one for the family law community as several bills have been introduced covering a wide…
Defaulted on Your Mortgage? – What Commercial Property Owners Should Know
While many businesses are slowly recovering from the U.S. economic downtown, attorneys continue to see business owners on the receiving end of default notices from their mortgage lenders. In addition to the fears associated with getting current on mortgage payments, many owners are uncertain about the processes involved in the event foreclosure occurs or what…
Intricacies of Drafting Qualified Domestic Relations Orders
Katy Graves | Minnesota Lawyer
Kathyrn Graves and Jason Damberg have some insight when it comes to drafting domestic relations orders in a family law article in Minnesota Lawyer™. Read more at Intricacies of Drafting Qualified Domestic Relations Orders.
Key Players in a Commercial Real Estate Transaction
Once you decide to buy commercial real estate, it’s important to assemble a solid team who can provide you with the knowledge and experience needed to help make a smooth transaction. For a successful purchase, a tentative buyer should find a broker, attorney, accountant and loan officer they trust and can work well with from…
When is an IRA not an IRA?
Christopher Burns | Minnesota Lawyer
The unanimous United States Supreme Court decision in Clark v. Rameker affirmed that funds from inherited IRAs were not protected from bankruptcy creditors. Estate, trust and probate attorney Christopher J. Burns and Kiley Henry detail the decision in their article, “When is an IRA not an IRA?” and discuss what attorneys and other advisors should…