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?
Navigating Minnesota's New Pay Transparency Law: What Employers Need to Know
John Bisanz, Jr.
On January 1, 2025, a significant shift in Minnesota’s employment landscape will take place with the implementation of a new pay transparency law. Under this statute, employers will be required to disclose salary ranges or fixed pay rates in all job postings. This new mandate, part of the broader Omnibus Labor and Industry Policy Bill signed into law in May 2024 by Governor Walz, will be codified at Minn. Stat. § 181.173.
Minnesota Real Estate Protection: Understanding the Newly Enacted Transfer on Death Deed Legislation
Christopher Burns | Josh Flaig
How real estate is titled is sometimes overlooked when an individual completes their estate plan. If a Transfer on Death Deed (“TODD”) is a part of your estate plan, we strongly recommend confirming that your property casualty insurance provider is aware of the TODD and has agreed (in writing) to provide coverage upon your death.
FTC Rule Overturned: Nationwide Ban on Noncompete Agreements Struck Down by Federal Court
Benjamin Hamborg | Dylan Wallace
The FTC final rule banning most employee noncompete agreements and requiring employers to notify certain workers that these agreements will no longer be enforced has been overturned.
Lessons in Classification: Minnesota’s New Worker-Misclassification Laws and the Significant Risks They Pose for Underprepared Employers
John Bisanz, Jr. | Dylan Wallace
Newly enacted Minnesota employment laws have substantially enhanced the remedies available to workers who have been misclassified by their employers, including the imposition of civil penalties and damages.
Capital Gains & Stepped-Up Basis: What Does That Mean for My Estate Plan?
Christopher Burns | Scott Emery | Bezel Bailey III
With retail investors gaining momentum and real estate values continuing to rise, many are seeking advice on capital gains taxes. Understanding key strategies like the “step-up in basis” can help reduce tax burdens for heirs.
2024 changes in Minnesota Marriage Law – Antenuptial Agreements
Lisa Spencer | Bezel Bailey III
August 1, 2024, will usher in significant new changes to Minnesota law related to Antenuptial Agreements, reshaping the landscape for enforcement of Agreements signed after August 1, 2024.