Jim Rein, CPA

Principal

Loveland, CO

6125 Sky Pond Drive Suite 200 Loveland, Colorado 80538

Contact Information

eMail

Social Media Information

Jim Rein designs sophisticated estate plans for independent, forward-thinking business owners who seek to transform what they’ve built into a legacy that lives on. Whether their focus lies in farming, ranching, equipment manufacturing, healthcare, or commercial real estate, Jim draws on over 20 years of experience to proactively devise the best scenarios for achieving people’s goals for the preservation and distribution of their wealth.

Successfully running a business requires protecting it from liabilities and economic surprises, as well as preserving its value as it passes to the next generation. Using complex charitable and estate-planning strategies, Jim helps owners walk through myriad options to address what are most often non-monetary objectives.

Examples of Jim’s robust approach to estate planning include:

  • Helping an ethanol manufacturer circumvent the detrimental tax effect of stock transfers and protect about $45 million in net worth for the next generation.
  • Following the profitable sale of a family-owned feedlot, allowing the family to maintain lasting control of how charitable contributions are used while also providing liquidity to fund the owners’ retirement, all in the most tax-efficient way.
  • Designing a fair and tax-efficient plan that allowed a partial owner of a family business sufficient liquidity to fulfill his bucket list during his terminal illness, guarantee future financial security for his wife, and maintain family ownership of the business assets.

Growing up in Grand Island, Nebraska, Jim decided early on that he wanted to pursue a career in accounting. Once a CPA, he quickly gravitated to estate and gift planning because of the reward in watching the positive impact on the families he helps. Jim listens beyond the financial goals to understand the motivations that drive each family member. With that in mind, Jim helps individuals navigate through the huge set of alternatives, resulting in the right approach for their circumstances.

Education

  • B.S., accounting, University of Nebraska

Credentials

  • Licensed CPA in Kansas and Nebraska

Professional Associations

  • American Institute of Certified Public Accountants
  • Colorado Society of Certified Public Accountants
  • Nebraska Institute of Certified Public Accountants

Civic Associations

  • Blessed Sacrament Catholic Church

Personal

  • Hunting, fishing, and camping
  • Cheering on the Huskers and Steelers
  • Spending time with wife, son, and dog

Mentions and articles by Jim

Look Before You Leap on Tax Conversions

K·Coe Editoral | October 18, 2018

Lower Tax Rates for Conversions May Not Deliver the Most Advantages The flashy headlines around the lower tax rates as part of the new tax code are not always cut-and-dry, and businesses need to take a deep-dive look at the […]

Winning at Tax Reform

Winning with Tax Reform – Why You Need to Reevaluate Your Estate Plan in 2018

Jim Rein | May 31, 2018

Exemption for Estate Planning is Ripe for the Picking The Tax Cuts and Jobs Act of 2017 made one significant change for estate planning: it doubled the estate tax exemption through 2026. This change is unique because it has resulted […]

Double Down Now with Estate Planning

Jim Rein | February 13, 2018

New Tax Act Fortifies Estate and Legacy Opportunities The time to ‘double down’ with an estate plan is now. Transferring assets to a trust or other entity is usually loaded with potential tax consequences to consider. This may be a […]