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.
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?
Paycheck Protection Program Fraud: How Whistleblowers Can Combat Fraud and Obtain Substantial Rewards Using the False Claims Act
Court Anderson | Benjamin Hamborg | Eric Friske
The Paycheck Protection Program (PPP), established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, served as a vital lifeline for countless small businesses, individuals, and nonprofit organizations during the COVID-19 pandemic. With a staggering $813.7 billion allocated to the program, it offered essential financial assistance to those impacted by the global crisis. However,…
Minnesota Bans Non-Compete Agreements: Impact on Employers and Employees
Benjamin Hamborg | Eric Friske
On May 16, 2023, Minnesota passed a law banning non-compete agreements in employment contracts, echoing similar measures adopted in other states limiting such restrictive covenants. Although generally broad in scope, the ban, slated to take effect on July 1, 2023, does not extend to non-competition provisions associated with the sale of a business, well-crafted customer…
We are excited to welcome attorney Caitlin Deal and paralegal Kayte Knutson into the family law team. Caitlin comes to us with previous family law experience from another firm as well as a clerkship in the Fourth Judicial District’s Family Court. Kayte comes to us with over seven years of family law experience and is…
Henson Efron is pleased to announce attorneys Ben Hamborg and Allison Plunkett were elected the firm’s newest Shareholders, effective January 1, 2023. Ben Hamborg is part of the firm’s Litigation practice group and has been with the firm for over 10 years. He resolves complex legal and business disputes for both plaintiffs and defendants. Allison…
We are proud to announce four Henson Efron attorneys have been named 2022 Minnesota Lawyer Attorneys of the Year. Congratulations to Clark Opdahl, Rochelle Hauser, Jeffrey Shea and Sarvesh Desai who are being honored for their work with Classic Collision as it expands, with over 200 shops and growing. Annually, Minnesota Lawyer honors top attorneys throughout Minnesota for their…
The FTC’s Proposed Ban on Noncompete Clauses: Implications for Businesses and Workers
Eric Friske | Benjamin Hamborg
On January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule that would ban the use of noncompete clauses in employment contracts. A public forum will be held on February 16, 2023, examining the proposed rule, which will serve as a supplement to the FTC’s prior request for members of the public to…