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?
Annually, the publication Minnesota Lawyer surveys law firms across the state to gather data such as: number of partners, diversity of partners and staff, top practice areas, representative clients, important contact information, firm mission statement, and average starting salary for associates. This data is used to create the most comprehensive list of law firms in…
Twin Cities Business 29 Notable Women in Law are exemplary professionals who handle complex transactions and use their expertise to guide a variety of clients through obstacles. They also are instrumental in serving as mentors, doing pro bono work that addresses social and economic causes, and advancing diversity, equity, and inclusion efforts. Katy Graves has…
Takeaways From the Prince Estate Six Years Later
Christopher Burns | Alan Eidsness | Scott Emery | Brigitt Orfield | Lloyd Stern
Prince Rogers Nelson “Prince” died in April 2016 at the age of 57 leaving behind an estate with an appraised value obtained by the estate’s administrators of $82.3 million vs. a $163.2 million appraisal by the Internal Revenue Service (IRS). Now, not quite six years later, the estate has finally settled a long running dispute…
Attorneys Christopher Burns, Maria Plese and Lloyd Stern contributed to the 2021 updated Minnesota Trust Administration Deskbook published by Minnesota CLE. They are co-authors of chapter 9 which addresses ‘Trustees’ Duties, Powers, and Liabilities.’ Minnesota CLE Deskbooks are comprehensive legal and practice-based texts written and edited by some of the best lawyers in the state. …
Henson Efron is pleased to announce attorneys Sarvesh Desai and Jeff Shea were elected the firm’s newest Shareholders, effective January 1, 2022. Sarvesh Desai is part of the firm’s Business Law practice group. His main focus is on the areas of mergers and acquisitions, intellectual property, licensing, privacy, entity formation and organization, and securities. Sarvesh…
We are proud to announce three Henson Efron attorneys have been named 2021 Minnesota Lawyer Attorneys of the Year. Congratulations to Court Anderson and Ben Hamborg who won as a team and Melissa Nilsson for this prestigious honor. Court Anderson and Ben Hamborg received this honor for representing two minority shareholders in a shareholder dispute that culminated…