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.
We’re proud to announce attorney and shareholder Clark Opdahl has been named a 2019 Attorney of the Year by Minnesota Lawyer. Clark is being recognized for his M&A work and successfully leading Henson Efron as President for over a decade. In 2019, among other transactions, Clark represented the target in a $1.24B merger transaction reported to be the…
At a Time When Henson Efron is Flourishing in Today’s Changing Legal Market We’re pleased to announce Lisa Spencer, a long-time Henson Efron attorney and essential voice on the leadership team, is assuming the role of President this month. Clark Opdahl, the leader of our business law practice area, has been successfully managing the firm for the last 12…
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.
Henson Efron family law attorney Melissa Nilsson is featured in the just released 2019 Women in Law Special Issue of Attorney at Law magazine. Melissa has expanded her practice to include services as a mediator and she is now offering the much needed services of drafting Qualified Domestic Relations Orders (QDROs) as a neutral under a flat-fee arrangement….
Henson Efron is pleased to announce attorney Alan Eidsness is a 2019 Minnesota Icon Award Recipient. As the leader of the firm’s award-winning family law group, Alan fosters an environment of excellence, professionalism, intellect, and compassion. The honorees share common characteristics like careers full of remarkable achievements, not to mention the keen ability to lead, succeed…
Celebrating 10 Consecutive Years! U.S. News & World Report and Best Lawyers® has named Henson Efron a 2020 Best Law Firm for the tenth year in a row. The list, released today, highlights seven Henson Efron practice areas in the Minneapolis metropolitan area rankings. Two new practice areas were ranked this year and two moved…