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?
Henson Efron is pleased to announce attorney Scott Neilson has been named a 2019 AcritasStar™. The Acritas Stars™ database is a client-nominated list of stand-out lawyers in private practice. Nominations are submitted by senior in-house counsel in large national and international organizations. The goal of the database and resources offered by Acritas is to provide…
Henson Efron is thrilled to have attorneys Jeff Shea and Sarvesh Desai join the business law group, growing and strengthening our team and broadening our offerings. Jeff comes to us with over 30 years of real estate law experience dealing with all types of real estate issues and transactions for clients, large and small. His…
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…
Henson Efron is pleased to announce attorney Allison Plunkett has been named a 2019 Up & Coming Attorney by Minnesota Lawyer. Allison is a part of the business law group serving a wide-array of clients from solo entrepreneurs to multi-national corporations. With a broadening range of exposure to various types of transactions, industries and size…
We couldn’t be more proud of our 13 attorneys awarded this honor. The entire Henson Efron team of attorneys and staff work together to deliver excellence to our clients every day. It’s our mission to be the first call you make, and the last law firm you hire. Best Lawyers® lists are compiled based on…
Henson Efron Shareholder and Family Law Attorney, Lisa Spencer, has been named 2020 Minneapolis Family Law Lawyer of the Year by Best Lawyers®. Only a single lawyer in each practice area and community is honored with this award. This is the second time Lisa has earned the recognition of her peers (2018) in this way. Lisa…