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.
Stuart Williams, business and environmental litigation attorney, was re-elected president of the Minnesota Board of Pharmacy. He will continue to serve as president of the Board in 2017 and has been a member of the Board since 2011. The mission of the Minnesota Board of Pharmacy is to preserve and protect the public health, safety,…
Clark D. Opdahl has been re-elected to serve as the firm’s managing partner for another three-year term, effective January 1, 2017. He has been serving in this capacity since 2008. In addition to managing the firm’s operations, Opdahl advises and represents companies and individuals in a wide variety of transactions, including mergers and acquisitions, commercial transactions…
Court says ‘follow the money’ by Barbara L. Jones, Editor, Minnesota Lawyer November 17, 2016 Link to full article Excerpt from article The opinion may require attorneys to reconsider what is the proper evidence in their cases. “Assessing income generated from a property award is nothing new but Curtis reveals another dimension to that analysis….
Three practice areas at the Minneapolis law firm Henson Efron were recently included in the 2017 “Best Law Firms” list in the Minneapolis metropolitan area by U.S. News Media Group, the publishers of U.S. News & World Report and Best Lawyers®. As part of this year’s ranking, Henson Efron’s Family Law practice was named at…
Hot Legal Topics for Accountants Henson Efron will provide an overview of timely and important legal issues affecting accountants and their clients. Topics include Privacy and Data Security Recently Amended Minnesota Limited Liability Company Succession Planning New Federal Defend Trade Secrets Act (Time Permitting) Click for details Hot Legal Topics for Accountants
Henson Efron, P.A. is pleased to announce Robin Asleson has joined the firm as office administrator overseeing the firm’s administrative management and operations including finance, accounting, technology, human resources, marketing, facilities and office services. Robin graduated from The University of North Dakota with a bachelor’s degree in accounting and is a certified public accountant. She…