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.
Life Insurance: An Investment to Remember
Christopher Burns
Remember when you first decided to buy life insurance? Maybe it was when you got married, or started a family, or bought a house. Life insurance offers protection, by paying out a sum of money to your beneficiaries when you die. It can also serve as an investment that pays off after a set period….
Protecting your Business Reputation Online
J.R. Maddox | Benjamin Hamborg
The Internet is a powerful tool for marketing your business and connecting with your customers. But it can also make you vulnerable to online attacks that could threaten your reputation and have a devastating impact on your business. To protect your business reputation, it’s important to closely monitor your online presence and learn what to…
Understanding the New Tax Law Changes: Considerations for Estate Planning
Christopher Burns
The new federal tax act was signed into law on December 22, 2017. While media coverage focused on cuts in the corporate tax rate (dropping from 35% to 21%) and adjustment to individual income tax brackets (now a top rate of 37%), there are other changes in the tax law that are important to understand…
Stuart Williams, business and environmental litigation attorney, was re-elected president of the Minnesota Board of Pharmacy for a fifth term. He served as president in 2017 and will continue to serve as president of the Board in 2018. Stuart has been a member since 2011. The mission of the Minnesota Board of Pharmacy is to…
A recent study shows that large companies increasingly want to work with smaller, more innovative law firms. Quizzing over 300 General Counsel at global organizations with more than $1 billion in revenue, the survey asked about the factors that are most important when identifying and appointing law firms. The resulting data shows that companies are…
Three practice areas were recently included in the 2018 “Best Law Firms” list in the Minneapolis metropolitan area by U.S. News & World Report and Best Lawyers®. As part of this year’s ranking, Henson Efron’s Family Law practice was named at the highest Tier 1 Metropolitan level and its Commercial Litigation and Family Law Mediation practices were recognized at the Tier…