Entities operating under an agency payment withhold should take notice of a new law that went into effect on May 24, 2025. Minnesota Statutes Section ...
Read MoreBy: Kayla E. (Murphy) Payne and Jacob D. Flom
Minnesota is implementing changes to the laws that govern trusts, estates, and powers of attorney, with most of the changes effective August 1, 2025. These legislative updates modernize long-standing rules, streamline the trust administration process, provide clarity to areas of ambiguity, and introduce new tools for trust planning. Whether you have existing trusts or are ...
A new Minnesota law came into effect on April 27, 2024, which flags the importance of addressing insurance coverage within your estate plan, especially if your plan utilizes transfer on death deeds. A transfer on death deed (“TODD”) is a conveyance instrument by which a property owner may provide for his or her interest in ...
By: Samantha L. Heaton
On April 15, 2020, Minnesota Governor Tim Walz signed into law new legislation related to COVID-19. Among many other provisions, the legislation includes a relaxation of the normal formalities for signing a Will by including a “Harmless Error” provision. Typically, in order for a person to create a Will, two witnesses must be present to ...
By: Samantha L. Heaton
The COVID-19 pandemic has led to dramatic fluctuations in the stock market and the value of closely held businesses. Although we all hope that the massive dips in values are temporary, these challenges present unique opportunities for individuals who would be subject to federal or state estate taxes. Lower values allow more assets to be ...
Communications sent to Winthrop & Weinstine via e-mail may not be secure, do not create an attorney/client relationship, are not and should not be considered to be confidential and may not be protected by attorney/client privilege. We will not take any action in response to your e-mail unless and until we have expressly agreed to be engaged by you, which is typically done in writing. If you are looking for legal representation, you should contact us by phone.
If you understand and agree with these terms, please click on the "I Agree" button to send us an email. Otherwise, please click "Cancel."