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 has been named one of the Top 150 Workplaces in Minnesota by the Star Tribune – officially 38 out of 70 in the small business category. Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health and satisfaction. Star Tribune Publisher Michael J. Klingensmith said, “The…
U.S. Supreme Court Resolves Treatment of Trademark Licenses in Bankruptcy
J.R. Maddox
For decades, federal courts have been split on what happens to a trademark licensee’s rights when a debtor-licensor “rejects” a trademark license agreement in bankruptcy. In this article, we discuss the two longstanding interpretations of this issue, the recent resolution by the U.S. Supreme Court, and the resulting impact on licensors and licensees. The issue: Rejection-as-breach…
Unfortunately there is no universal answer. Rather, it depends on the language in the contract you have with the airline or credit card company. Some companies with rewards programs provide for their points to expire when you do. Others allow points to be transferred in accordance with a Decedent’s estate plan. So, how can you…
Henson Efron shareholder and family law attorney, Lisa Spencer, was elected President of the Minnesota Chapter of the American Academy of Matrimonial Lawyers (AAML). Lisa’s two-year term starts immediately as she transitions from her current role as External Relations Vice President. With over 1,600 Fellows nationally, AAML’s purpose is to provide leadership that promotes the highest…
We are proud to announce Christopher Burns, Kathryn Graves and Taylor Kaster have been named North Star Lawyers by the Minnesota State Bar Association. By generously donating 50+ hours of their legal services to those who otherwise could not afford legal counsel, they help change lives within the community.
With a 417-3 vote, the House passed the Setting Every Community Up for Retirement Enhancement bill, or SECURE Act, last Thursday. As more and more Americans are at greater risk of outliving their savings, this bill is aimed at improving the nation’s retirement system. With broad bipartisan support, it’s rumored that the Senate will pass…