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.
The Minnesota Supreme Court, in a 4-2 decision, ruled that the right to receive earn-out payments, memorialized in a purchase agreement for the sale of marital property, is itself marital property. Henson Efron family law attorneys Alan Eidsness and Lisa Spencer on behalf of their client, Gretchen Gill, won this case before the Supreme Court…
Henson Efron founding member Stanley Efron passed away on Thursday, September 27, 2018 at the age of 87. He was an amiable and magnanimous man, dedicated to his clients and the firm. Stan was a smart and savvy lawyer with the unique ability to advise clients on a broad range of business issues and lead…
Stuart Williams, a litigation attorney at Henson Efron, has just been appointed by Governor Dayton to a four year term as a public member on the Minnesota Board of Medical Practice. The Board’s mission is to protect the public’s health and safety by assuring that the people who practice medicine or as allied health professionals…
Protecting Your Security Interest in an LLC Membership Interest: Methods and Considerations for Perfecting
Rochelle Hauser
You have made the decision to provide financing, whether as a business owner or otherwise. Perhaps you are loaning money to a borrower, or selling a company you own and financing the purchase. You will likely require some type of collateral to secure repayment of the loan. If your collateral includes a limited liability company…
We’re Proud of Our 11 All-Stars. The entire Henson Efron team brings their A-game when serving clients every day. Today, we couldn’t be more proud than to announce our 11 all-star attorneys awarded Best Lawyers® in America 2019. A major league achievement! Best Lawyers® lists are compiled based on an exhaustive peer review process and have…
Protecting Your Business: Preventing Wrongful Interference with Non-competition and Non-solicitation Agreements
Court Anderson | Benjamin Hamborg | Eric Friske
Understanding wrongful interference with contract When an employee who is subject to a valid non-competition or non-solicitation agreement leaves and begins competing with his or her former employer—either by creating a new business or by joining an existing competitor—the employee can be enjoined from wrongfully competing and held liable for breach of contract. While an…