when you have a unique situation that requires above average knowledge of the tax code and business planning.
I use the CPA/CFP plus tax lawyer. If you have no use for a tax/estate lawyer, then you have no use for a CFP in my opinion (because your situation is not complex or "unique" enough). ohh yeah, use the lawyer BEFORE the trouble, lol, to keep you OUT of the trouble....and use someone reputable, bad legal advise is NOT a defense (although you can then sue for maplractice).
(btw the lawyer is used to obviously give opinions and advice, but also sets up certain vehicles for tax sheltering and asset protection (DBPs, family trusts, s corps, llcs (althought in my state those are fairly easy))....etc
Quote:
Originally Posted by nuclear500
Lets ask the next question: when DOES it become worth it?