Congress passed the Corporate Transparency Act on January 1, 2021. As mentioned in Part 1: “The Good” and Part 2: “The Bad”, it can be unclear whether you have a duty to provide a Beneficial Ownership Information report, and what (or who) all needs to be included in it. Unfortunately, this is not something any [...]
Congress passed the Corporate Transparency Act on January 1, 2021, which will likely be one of the biggest shifts in business law in decades. This Part 2 covers some not-so-good news related to the Corporate Transparency Act. Corporate Transparency Act As mentioned in Part 1: “The Good”, the Corporate Transparency Act requires “reporting companies” to [...]
Congress passed the Corporate Transparency Act on January 1, 2021, which will likely be one of the biggest changes in business law in decades. Given the substantial changes, we provide a three-part newsletter series to catch you up on the good, the bad, and the ugly. This Part 1 covers the good news related to [...]
We hope you all have a Happy Thanksgiving and enjoy meeting our pets. We think they’re Purrrfect! Daisy Rainey Daisy is a 19 year old Hungarian Vizsla, a breed of dog commonly used for Falconry. Daisy retired as a hunting dog last year because of her declining sense of smell and eyesight. Her favorite things [...]
Whether you are a tenant or a landlord, it is a nuisance when repairs are needed for a rental unit. Repairs take time and money, but are needed to ensure the rental unit remains inhabitable. Ignoring a tenant’s request to make repairs to the rental unit becomes riskier on November 1, 2022. The Oklahoma Legislature [...]
Many want to be remembered positively after they have passed away. Making a charitable gift with your estate plan is a great way to ensure you and your family will be remembered fondly. If you do not have an estate plan, click here to learn how to leave memories, not a mess. There are three [...]
Businesses, particularly small businesses, are the backbone of the United States, and each year millions of people create new businesses. Quickbooks projects there will be 17 million new small businesses created this year. If you’re thinking of starting a new business too, you should ask yourself the following three questions to help your new business [...]
Shane is the most recent addition to the Rainey Law team and is a diligent and deliberate attorney. Born in Texas, but raised in Tulsa, Oklahoma, Shane decided to remain in the state he calls home. Shane attended the University of Tulsa, where he received his degree in Sociology and Film Studies. He earned his [...]
We consistently tell our clients an estate plan is a gift to their family. While an estate plan brings our clients peace of mind, an estate plan’s primary value is providing loved ones with guidance regarding your affairs after you are no longer able to speak for yourself. To give your estate plan the most [...]
What is a Durable Power of Attorney? A durable power of attorney (“DPOA”) authorizes others to act on your behalf. The power of attorney can be broad or restricted to specific activities, and may be effective immediately or upon proof of incapacity. The Oklahoma Legislature changed the DPOA laws; you should be aware the changes [...]
