Rainey Law, LLP

Rainey Law, LLP Attorneys and Counselors at Law We seek to empower our clients with a unique perspective, an effective process, and a proactive and positive resolution.
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We anticipate the needs of clients by operating at peak legal efficiency and providing them the resources to minimize liability. We use state-of-the-art technology, a team of highly trained and experienced attorneys, paraprofessionals, and staff, to provide timely and cost-effective legal services to a broad variety of clients. Rainey Law, LLP serves individual and business clients in Oklahoma Cit

y and across the nation in matters of Business and Tax Law, Estate Planning, Trusts and Probate Administration, Litigation and Dispute Resolution, Personal Injury, Labor and Employment Law, Financial Transactions, Environmental and Intellectual Property, and Real Estate Law.

Considering a Holding Company for LLCs? ๐Ÿšจ๐Ÿšจ๐ŸšจRead this first ๐Ÿšจ๐Ÿšจ๐Ÿšจ
03/02/2021
Considering a Holding Company for Your LLCs?

Considering a Holding Company for LLCs?

๐Ÿšจ๐Ÿšจ๐ŸšจRead this first ๐Ÿšจ๐Ÿšจ๐Ÿšจ

Limited Liability Companies (LLCs) have not been around in Oklahoma that long. Lawyers twenty years ago were still using old form corporate minute books and stock certificates for LLCs โ€“ both completely unnecessary for LLCs. Change comes hard, but these days most people agree LLCs are the presumpt

12/23/2020

Thereโ€™s a difference between the two. Watch this.

Read this. Your estate plan could be impacted.
11/20/2020
Updating your Estate and Business Succession Plan for Changing Tax Codes

Read this. Your estate plan could be impacted.

Benjamin Franklin famously said: โ€œ[I]n this world nothing can be said to be certain, except death and taxes.โ€[1] Estate plans prepare and plan for these two certainties and frequently last for many years without need of updates. Significant changes in the law or your life can trigger the need to

What Happens to My Kids if I Don't Have an Estate Plan? Read about how to avoid outcomes you likely would never intend.
10/14/2020
What Happens to My Kids If I Donโ€™t Have an Estate Plan?

What Happens to My Kids if I Don't Have an Estate Plan? Read about how to avoid outcomes you likely would never intend.

You know the old sayingโ€ฆ kiddos are the โ€œapple of my eyeโ€ โ€“ when theyโ€™re not driving you crazy that is. In all seriousness, you spend a large part of your life trying to protect and provide for your kids. So, this is an important question: What happens to my kids if I donโ€™t have an estat

Does your business need relief to help pay wages, rent, sick leave, and more?Find out about the emergency loan options a...
04/10/2020
Small Business Relief: Top Loan Options

Does your business need relief to help pay wages, rent, sick leave, and more?

Find out about the emergency loan options available to help keep your business running during these trying times.

Rainey Law Continues to Serve Clients (with the help of technology)Governor Kevin Stitt recently signed an order declaring legal services as an essential business. Our team at Rainey Law continues working with full remote access capabilities from home and with limited personnel in our physical o

These are such unique times and we're still here to serve your business, estate planning, and individual legal needs dur...
04/07/2020
Weโ€™re Still Here to Serve You: Find out If Emergency Sick Leave and Family Leave Impacts You

These are such unique times and we're still here to serve your business, estate planning, and individual legal needs during these challenging times.

Both Employers and Employees were impacted by recent legislation. Have you taken the necessary steps as a business? Do you know your rights as an employee?

We hope this summary and supporting links helps provide clarity.

Itโ€™s that time of year again when we make time to visit our loved ones for the holidays and hopefully create warm memories. For some of our clients, this time is bittersweet because memories are all they have. While they remember and are grateful for the good times shared, a lot also struggled to

One of our partners, Robert Lee Rainey, celebrated the big 6-0 over the weekend! Happiest of Birthdays Rob! ๐Ÿฅณ๐Ÿฅณ๐Ÿฅณ
02/04/2020

One of our partners, Robert Lee Rainey, celebrated the big 6-0 over the weekend! Happiest of Birthdays Rob! ๐Ÿฅณ๐Ÿฅณ๐Ÿฅณ

Did you miss our December Article? Are you still putting your estate planning off in the new year?Read this short articl...
01/14/2020
Are You Leaving Memories or a Mess? 5 Reasons to Gift Your Family an Estate Plan

Did you miss our December Article? Are you still putting your estate planning off in the new year?

Read this short article that addresses some of the best ways a revocable trust can help protect your family!

Itโ€™s that time of year again when we make time to visit our loved ones for the holidays and hopefully create warm memories. For some of our clients, this time is bittersweet because memories are all they have. While they remember and are grateful for the good times shared, a lot also struggled to

The holidays have us thinking about our loved ones a lot, and we thought you might be also.Our most recent article discu...
12/26/2019
Are You Leaving Memories or a Mess? 5 Reasons to Gift Your Family an Estate Plan

The holidays have us thinking about our loved ones a lot, and we thought you might be also.

Our most recent article discusses why an estate plan is one of the best gifts you can give your loved ones (3 minute read).

Itโ€™s that time of year again when we make time to visit our loved ones for the holidays and hopefully create warm memories. For some of our clients, this time is bittersweet because memories are all they have. While they remember and are grateful for the good times shared, a lot also struggled to

Maintaining a Limited Liability Company can be fairly low maintenance compared to a corporation, but these 5 LLC mishaps...
10/17/2019
Is Your LLC Protecting You? Common Mishaps that Can Remove LLC Protections

Maintaining a Limited Liability Company can be fairly low maintenance compared to a corporation, but these 5 LLC mishaps could cost you big in the long run.

A company recently asked us to review an employee handbook to ensure the businessโ€™s and the employeesโ€™ rights are protected and up to date based on Oklahoma Law. Our review and updates addressed a multitude of legal issues, including Oklahomaโ€™s recent legalization of medical ma*****na.

Are you picking these up next time you're at the store? ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚
10/15/2019
Lay's introduces Grilled Cheese and Tomato Soup chips

Are you picking these up next time you're at the store? ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

(WSET) -- Lay's has introduced new grilled cheese and tomato soup chips. According to Good Morning America, the chips are expected to hit shelves on October 21. Lay's introduces new grilled cheese and tomato soup chips. (CNN Newsource) Lay's is launching its "Gotta Have Lay's" campaign on October 21...

๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ Donโ€™t worry, it appears you wonโ€™t have to change your number. The article says the new area code will be for new num...
10/04/2019
405 Exhausted, OKC Metro To Get New Area Code

๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ Donโ€™t worry, it appears you wonโ€™t have to change your number. The article says the new area code will be for new numbers only.

OKLAHOMA CITY - The Oklahoma City area code, 405, is exhausted. Officials said the metro has run out of phone numbers and a new code is needed.

๐ŸŒŸ3 Reasons Your LLC Needs an Operating Agreement ๐ŸŒŸAn operating agreement is the ROAD MAP for your LLC and gives everyone...
10/04/2019

๐ŸŒŸ3 Reasons Your LLC Needs an Operating Agreement ๐ŸŒŸ

An operating agreement is the ROAD MAP for your LLC and gives everyone clear directions how the LLC will operate, now, and in the future.

It's a great way to:

1. Resolve Disagreements - Things are typically rosy ๐ŸŒน at the beginning of a new business, but as time goes on people don't always agree. An operating agreement can set forth how any number of disagreements will be handled. This way, everyone knows up front.

2. Allow for Controlled Growth - An operating agreement can provide a clear method for adding additional members. It's always wise to have a plan for this to help control under what circumstances outsiders can buy into your company.

3. Help Secure Limited Liability - LLC's come with great protections to shield you from personal liability, but you have to follow certain formalities to prove you actually operate as an LLC. An operating agreement provides legitimacy before a court by showing your LLC has formal rules for operating the business (of course, you must show you actually follow what the operating agreement says).

***You should always have your operating agreement reviewed by an attorney you trust to ensure it meets your business' goals.

Another great place to check out in our city! Happy Saturday ๐Ÿ™Œ๐Ÿป๐Ÿ™Œ๐Ÿป๐Ÿ™Œ๐Ÿป
09/21/2019

Another great place to check out in our city! Happy Saturday ๐Ÿ™Œ๐Ÿป๐Ÿ™Œ๐Ÿป๐Ÿ™Œ๐Ÿป

Loving trying new places in OKC? This coffee shop just opened a new location recently in Automobile Alley. Looks pretty ...
09/12/2019

Loving trying new places in OKC? This coffee shop just opened a new location recently in Automobile Alley. Looks pretty cool ๐Ÿ˜Žโ˜•๏ธ๐Ÿ’ฏ

๐ŸŒŸ 3 Tips for LLC's๐ŸŒŸ1. File a Tradename (d/b/a) - This allows you to use your company name without the "LLC"; for example...
09/12/2019

๐ŸŒŸ 3 Tips for LLC's๐ŸŒŸ

1. File a Tradename (d/b/a) - This allows you to use your company name without the "LLC"; for example, if your company is "Example LLC" you can file a tradename to be called "Example."

2. Strategically Choose your Registered Agent - Are you a small business and using your home address? You may not want a process server or sheriff showing up at your home during dinner to serve a lawsuit on you. Consider asking an attorney to be your registered agent for a nominal fee.

3. Get a Legally Sufficient Operating Agreement (this is SO important) - This is a road map for your LLC that should outline how your company will operate, be capitalized, add or get rid of owners, and more. This is even more important if you have multiple owners!

Bonus: Find a CPA you trust and talk with them regarding your LLC's tax obligations!

*This post is for educational purposes, is not legal advice, and does not create an attorney client relationship.

Looking for a new lunch spot this week? We heard the tacos here are pretttty good.
09/03/2019

Looking for a new lunch spot this week? We heard the tacos here are pretttty good.

So, how do you choose a trustee anyway? ๐Ÿค”๐Ÿค”๐Ÿค”๐ŸŒŸ The Top 3 Things to Consider๐ŸŒŸ1. Trustworthiness - Do you have a good relati...
08/29/2019

So, how do you choose a trustee anyway? ๐Ÿค”๐Ÿค”๐Ÿค”

๐ŸŒŸ The Top 3 Things to Consider๐ŸŒŸ

1. Trustworthiness - Do you have a good relationship with this person and trust them to follow your instructions when you're gone?

2. Responsibility - Is this person organized? Wise? Do they know when to ask for help from professionals? Can they manage money?

3. Age & Health - Does this person have any major health concerns? Are they elderly (your trustee has to outlive you to administer your trust)?

Bonus: It's extremely important to review your trustee appointments every few years since relationships and circumstances often change.

Not many things can bring peace of mind like knowing your family is taken care of.Our team is working hard on estate pla...
08/28/2019

Not many things can bring peace of mind like knowing your family is taken care of.

Our team is working hard on estate plans this week. Get your plan in place and get peace of mind for your family!

Have you heard? Disney is making moves in the streaming world ๐Ÿ–ฅ
08/26/2019
Disney's $12.99 Shot Across Netflix's Bow

Have you heard? Disney is making moves in the streaming world ๐Ÿ–ฅ

Disney's just-announced $12.99 bundle pricing for Disney+, Hulu and ESPN+ is just the latest daunting existential threat to Netflix. Here's why.

Check out our latest article - Medical Ma*****na and the Workplace (3 min read)Learn about the significant impacts to bu...
08/15/2019
Oklahoma Expands Employersโ€™ Rights Re: Medical Ma*****na and the Workplace

Check out our latest article - Medical Ma*****na and the Workplace (3 min read)

Learn about the significant impacts to business owners and employees as Oklahoma law continues to evolve.

A company recently asked us to review an employee handbook to ensure the businessโ€™s and the employeesโ€™ rights are protected and up to date based on Oklahoma Law. Our review and updates addressed a multitude of legal issues, including Oklahomaโ€™s recent legalization of medical ma*****na.

You work hard as a business owner to produce customers, but don't overlook the essentials - ensuring the right contracts...
08/14/2019

You work hard as a business owner to produce customers, but don't overlook the essentials - ensuring the right contracts, leases, and company documents are in place. Make sure you protect your hard work!

Our team has over 100 years of combined experience serving small and midsize family owned businesses! We'd love to meet with you and see how we can serve your business' needs.

Have you heard? What a cool addition to our ever developing city!
07/23/2019

Have you heard? What a cool addition to our ever developing city!

Litigation? Arbitration? Mediation? What's the difference and how does it impact your claims or defenses?Check out our r...
07/19/2019
Navigating the Three Main Problem Solving Alternatives: Litigation, Arbitration, and Mediation

Litigation? Arbitration? Mediation? What's the difference and how does it impact your claims or defenses?

Check out our recent article for a brief overview of the pros and cons for each!

A young woman recently came to our offices, visibly upset, and told us about a problem she was struggling with. She thought sheโ€™d been wronged, but she didnโ€™t understand how to address the situation or what legal options were available to her. The uncertainty scared her and left her asking where

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1601 Northwest Expressway, Ste 600
Oklahoma City, OK
73118

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Considering a Holding Company for LLCs?

๐Ÿšจ๐Ÿšจ๐ŸšจRead this first ๐Ÿšจ๐Ÿšจ๐Ÿšจ
Thereโ€™s a difference between the two. Watch this.
Read this. Your estate plan could be impacted.
What Happens to My Kids if I Don't Have an Estate Plan? Read about how to avoid outcomes you likely would never intend.
Does your business need relief to help pay wages, rent, sick leave, and more?

Find out about the emergency loan options available to help keep your business running during these trying times.
These are such unique times and we're still here to serve your business, estate planning, and individual legal needs during these challenging times.

Both Employers and Employees were impacted by recent legislation. Have you taken the necessary steps as a business? Do you know your rights as an employee?

We hope this summary and supporting links helps provide clarity.
One of our partners, Robert Lee Rainey, celebrated the big 6-0 over the weekend! Happiest of Birthdays Rob! ๐Ÿฅณ๐Ÿฅณ๐Ÿฅณ
Did you miss our December Article? Are you still putting your estate planning off in the new year?

Read this short article that addresses some of the best ways a revocable trust can help protect your family!
The holidays have us thinking about our loved ones a lot, and we thought you might be also.

Our most recent article discusses why an estate plan is one of the best gifts you can give your loved ones (3 minute read).
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