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.
The Minneapolis/St. Paul Business Journal featured Stanley Efron, William Forsyth, Alan Eidsness, and Joseph Dixon, Jr. in the “People on the Move” section for being selected for inclusion in The Best Lawyers in America® 2014. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence. Because Best Lawyers…
Minneapolis-based law firm Henson Efron announced today that four of its attorneys were recently selected by their peers for inclusion in The Best Lawyers in America®2014. (Copyright 2013 by Woodward/White, Inc., of Aiken, S.C.) The four Henson Efron attorneys named as Best Lawyers for 2014 are: Joseph T. Dixon, Jr. – Bet-the-Company Litigation and Commercial Litigation…
Business law attorneys Jennie A. Clarke and Rochelle L. Hauser will be presenting “Get it in Writing” on September 26 as part of a series of legal seminars with WomenVenture. This seminar will provide a legal overview on important organizational documents and cover issues such as record retention, employment records, and written contracts. Clarke and…
Business law attorney Jennie A. Clarke was featured in the WomenVenture newsletter for her volunteer work with the organization. She was joined by another Henson Efron business attorney, Rochelle L. Hauser, in developing the curriculum for a variety of sessions on legal topics for small business owners with WomenVenture Senior Client and Loan Services Officer…
Litigation and environmental law attorney Stuart T. Williams has been appointed to serve as a member on the Task Force on the Regulation of Pharmacy Benefit Managers by President Karen Ryle of the National Association of Boards of Pharmacy (NABP) for 2013-2014. The NABP is a professional organization supporting state boards of pharmacy in creating…
In addition to serving as Henson Efron’s managing partner, Clark Opdahl advises companies and individuals in a variety of transactions, including mergers and acquisitions, supply and other commercial relationships, shareholder relationships and disputes, distribution/franchise relationships, intellectual property and securities issues. He has been selected for inclusion in Minnesota Super Lawyers® in 2007-2013. Truly a right…