Minnesota Lawyer and Finance & Commerce – Partner Content Author: Dan Hall Although the principles of trust law are hundreds of years old, Minnesota cases are still clarifying and updating the law today. Recent decisions from the Minnesota Court of Appeals provide clarity on a variety of topics concerning Minnesota trusts, which have significant implications for trustees, beneficiaries, and those advising them. The Court of Appeals clarifies the duties of a trustee. The Court of Appeals issued a recent, published decision that addressed in detail the duties of a trustee and the consequences, including removal of the trustee for violating those duties. Matter of Otto Bremer Tr., No. A22-0906, 2023 WL 193144 (Minn. Ct. App. Jan. 17, 2023). The Court of Appeals considered the...
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Minnesota Lawyer and Finance & Commerce – Partner Content Author: Dan Hall Although the principles of trust law are hundreds of years old, Minnesota cases are still clarifying and updating the law today. Recent decisions from the Minnesota Court of Appeals provide clarity on a variety of topics concerning Minnesota trusts, which have significant implications for trustees, beneficiaries, and those advising them. The Court of Appeals clarifies the duties...
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