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?
Families First Coronavirus Response Act: What employers and employees need to know about emergency paid sick leave and family leave.
John Bisanz, Jr. | Eric Friske
As the ongoing coronavirus (COVID-19) pandemic rapidly alters the way many Americans work and live, certain employers will now need to be prepared for significant paid sick and family leave changes going into effect in less than two weeks. The recently enacted “Families First Coronavirus Response Act” (FFCRA), which goes into effect on April 2,…
Coronavirus and Insurance Coverage: Does your business have insurance coverage for losses caused by the coronavirus pandemic?
David Bradley Olsen | Scott A. Neilson | Court Anderson | Eric Friske
Insurance policies contain countless provisions that provide or exclude coverage for events that most people would never anticipate. The current coronavirus (COVID-19) pandemic is one of those unanticipated events, and businesses are advised to carefully review their insurance policies for possible coverage. As the coronavirus pandemic spreads across the world, the disease outbreak has disrupted…
Estate Planning: It Is Important To Plan For The Inevitable
Christopher Burns
To paraphrase an old adage, nothing is certain in life but death and taxes. Yet, despite this universal truth, fewer than half of American adults have taken the time to prepare an estate plan*. For most people, estate planning is easily placed on the back burner. After all, why think about becoming incapacitated or, worse…
Understanding the SECURE Act of 2019: Significant Changes Impact Retirement and Estate Planning
Scott Emery
On December 20th, the SECURE Act – Setting Every Community Up for Retirement Enhancement Act of 2019 – was signed into law. The new legislation, which took effect January 1, 2020, brings significant changes to account holders and beneficiaries of individual retirement accounts (Traditional and Roth IRAs) and employer-sponsored retirement plans.
Is Your Rental Real Estate Activity Eligible for the Qualified Business Income (QBI) Deduction?
Scott Emery | Allison Plunkett
The Internal Revenue Service (IRS) has finalized guidance regarding rental real estate and whether that activity qualifies for treatment as a trade or business for purposes of the QBI deduction introduced with the Tax Cuts and Jobs Act of 2017. In this article, we explain the safe harbor recently provided in Revenue Procedure 2019-38. The…
Legal Update: Minnesota Wage Theft Statute Changes
Court Anderson | Eric Friske
Employers in Minnesota should be prepared for sweeping changes that go into effect next week. On July 1, 2019, Minnesota will 1) start requiring employers to provide written wage-related information to employees, 2) change existing law governing when employees must be paid and the penalty for failing to pay wages and commission owed, as well…