Jim is both a CPA and a Tax and Estate Planning Attorney.
A CPA (certified public accountant) is a trusted financial adviser who has passed the rigorous CPA Exam, met work experience requirements, and takes continuing professional education courses to maintain the CPA certification. These additional requirements for licensure ensure CPAs maintain the highest standard of knowledge and ethics when operating in financial positions.
Tax attorneys are lawyers who specialize in the complex and technical field of tax law. They're best for handling complex, technical and legal issues associated with tax situations. A tax attorney can step in after someone has a problem, but consulting with one in advance can also help someone avoid problems.
Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax. Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can be determined by the specific goals of the client, and may be as simple or complex as the client's needs dictate. Guardians are often designated for minor children and beneficiaries in incapacity.