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.
Are You Ready for Minnesota’s New Data Privacy Law?
The Minnesota Consumer Data Privacy Act (“MCDPA”) introduces new rights for consumers and new obligations for businesses – and it takes effect July 31, 2025. If your business handles personal information from Minnesota residents, now is the time to prepare. Can you respond to consumer requests under the new law? Are your opt-out tools in place? Have you updated your privacy notice?
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…
Spending Patterns and Resulting Effects on Spousal Maintenance
Melissa Nilsson | Minnesota Lawyer
Melissa Nilsson and William Forsyth have some insight when it comes to spending with a spousal maintenance agreement in a family law article in Minnesota Lawyer™. Spousal maintenance is a tough issue for many reasons and individual spending patterns can make it even more challenging. Read more at Spending Patterns and Resulting Effects on Spousal…
What Happens to Unfinished Commercial Real Estate Properties?
Let’s time travel back to 1999 when the technology market was soaring high. Company A hits the jackpot with a dot-com boom and suddenly realizes, “we need more space!” So, Company A purchases a 100-acre property and begins construction with plans to grow the company ten fold. We know how this story ends. When the…