Events
Shielding Clients' Legacies: Dynasty Trusts and Fighting Against Financial Elder Abuse
June 18, 2026
The landscape of wealth transfer in Minnesota shifted with the expansion of dynasty trusts and recent legislative changes designed to prevent against financial exploitation of vulnerable adults that came into effect on Aug. 1, 2025, and Jan. 1, 2026, respectively.
In this CLE, presented June 18, we’ll break down the mechanics of the new Trust Code updates and how ultra-high net worth individuals can take advantage of the new dynasty trust statute. Then, we will pivot to the front lines of client protection: identifying subtle red flags of financial exploitation in vulnerable adults and explaining the impact of the new statutory protection.
Presenters:
Michael Sampson, Partner and Chair, Estate Planning Group. Mike's legal practice focuses on high-end estate and tax planning, estate and trust administration, charitable planning, and business succession planning. Mike helps his clients focus on what it is they really want to accomplish with their wealth. After assisting his clients in identifying their specific wealth planning goals, Mike works with them and their other professional advisors to develop and implement wealth transfer strategies that are consistent not only with their goals, but also with their cash flow needs and tolerance for risk.
Evan Nelson, Partner, Trust & Estate Litigation Group. Evan describes himself as a “death and dirt” lawyer. He represents clients in trusts and estate disputes, which often come to a head after a family member has died, and in real estate litigation, where clients dispute who owns and controls access to "dirt." Because the two often intersect, as people will gift land (or attempt to do so) via their wills or trusts, Evan’s distinct capabilities prove particularly beneficial. Trust and estate law is written to balance the interests of fiduciaries and beneficiaries. Evan has significant litigation experience representing both sides, and he enjoys using that experience to craft a successful litigation strategy tailored for either type of client.
Carly Johnson, Associate, Trust & Estate Litigation Group. Carly assists clients across a broad range of disputes, with a particular emphasis on trust and estate, including guardianships/conservatorships, contested estates, probate, and elder law matters. She also advises clients on contract, construction, and real estate disputes. Carly's practice is informed by her active civic engagement and service, which includes her election to the Oak Park Heights, Minnesota, city council in 2018.
Continuing Education: Maslon will seek approval with the Minnesota State Board of Continuing Legal Education for 1.0 hour of standard CLE credit, and with American Bankers Association (ABA) Professional Certifications for the equivalent Certified Trust and Fiduciary Advisor (CTFA) credit.
For more information, write to us here.
