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.
Henson Efron is pleased to announce attorney Stuart Williams was re-elected president of the Minnesota Board of Pharmacy for 2021 and was re-appointed to a three year term on Minnesota’s Drug Formulary Committee as the Committee’s sole public member where he will continue to serve as the Committee’s chairperson.
Henson Efron business litigation attorneys Court J. Anderson and Benjamin J. Hamborg recently represented two minority shareholders in a shareholder dispute that culminated in December 2020 in a multimillion-dollar whistleblower award from the SEC.
Henson Efron is pleased to announce attorneys Anne Haaland and Scott Emery were elected the firm’s newest Shareholders, effective January 1, 2021. Anne Haaland is part of the firm’s Family Law practice group. She handles cases involving divorce, custody and parenting time, child support, spousal maintenance and complex property division. Anne has been recognized as…
Henson Efron is proud to announce attorney Stuart Williams has been recognized by Twin Cities Business as a Notable Hero in Health Care for years of service on multiple Minnesota health licensing boards, including the Boards of Medical Practice, Pharmacy and Nursing. Stuart has also been named among the state’s 100 Most Influential Health Care…
Henson Efron has been ranked in the 2021 U.S. News – Best Lawyers® “Best Law Firms” list regionally in 10 practice areas. These rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, feedback from leading attorneys in their field, and review of additional information provided by law firms as part…
Henson Efron is pleased to announce attorney, Christopher Burns, has been honored by the Minnesota State Bar Association for his consistent commitment to pro bono service. In 2012, the MSBA created the North Star Lawyer Program as a way to recognize members who provided 50 or more hours of pro bono service in a given calendar year. In conjunction…