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?
Lisa Spencer, President and Shareholder at Henson Efron is a 2001 graduate of Mitchell Hamline. She is one of 11 new board members beginning July 2024. Mitchell Hamline’s 32-member Board of Trustees is composed of leaders in the legal profession, business, and the nonprofit sector.
Seize the Opportunity: Expert Guidance Essential as Estate Tax Exemption Sunset Approaches
Christopher Burns | Scott Emery | Brigitt Orfield
The current federal estate and gift tax exemption amounts are scheduled to be more than cut in half from in excess of $14,000,000 to less than $7,000,000 due to the sunsetting of tax breaks on December 31, 2025. For high-net-worth individuals, the time to plan for these changes is now. Partnering with a skilled estate planning team is crucial to navigate these changes effectively.
We are proud to announce Henson Efron attorneys Christopher Burns, Caitlin Deal, Joe Dixon Jr., Katy Graves, Anne Haaland, Sarah J. Hewitt, Amy M. Krupinski, Scott Neilson, Lisa Spencer, Lloyd Stern, Dylan Wallace and Kelly Zech have been recognized as 2023 North Star Lawyers by the Minnesota State Bar Association. The Minnesota State Bar Association recognized…
FTC Rule Bans Noncompete Agreements: What Employers and Employees Need to Know
Benjamin Hamborg | Eric Friske
On April 23, 2024, the Federal Trade Commission (FTC) issued a final rule that will significantly impact the use of noncompete agreements in the United States. As an employer or employee, it is crucial to understand how these changes may affect you and your organization.
Following a nomination by Henson Efron paralegal, Jake Enger, Bob Gagne, a volunteer with Employer Support of The Guard and Reserve (ESGR)* was on site to present Lisa Spencer with the Patriot Award. This award recognizes efforts made by employers in support of citizen warriors through a wide range of measures including flexible schedules, time…
Understanding Liquidated Damages Clauses: Insights from Lagoon Partners Case
Benjamin Hamborg | Dylan Wallace
Liquidated damages clauses are often included in a variety of commonplace contracts, such as employment agreements, non-solicitation and nondisclosure agreements, and even lease agreements.