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Article: CPAs tap boomers for estate-plan jobs. (certified public accountants help baby boomers with estate planning)
- Article from:
- Accounting Today
- Article date:
- June 22, 1992
- Author:
CopyrightCOPYRIGHT 1992 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Today's aging Baby Boomers are providing tax practitioners a new world to conquer--estate planning.
Many accounting firms have not only found the niche a growing one, but a lucrative one as well, bringing in as much as $5,000 to $25,000 an engagement.
Mary Jane Rynd, partner at Rynd Carneal & Ewing in Phoenix, says estate planning represents 30 percent or her practice. She finds the field not only profitable but fun as well. She says "it brings out our creativity."
Estate planning also represents one third of the practice of Houston CPA Alan Westheimer. He considers it one of the top three growth areas for the profession. He concedes, ...