Education
Jaakson studied in H. Treffner"s Private High School and studied law at Tartu University from 1892 to 1896. He graduated with a 1st degree diploma (simple graduation).
Jaakson studied in H. Treffner"s Private High School and studied law at Tartu University from 1892 to 1896. He graduated with a 1st degree diploma (simple graduation).
In 1897-1914 he worked as lawyer firstly in Viljandi, and later in Riga. Jaakson was a member and Assistant Chairman of the Estonian Province Assembly (Eesti Maapäev) in 1917–1918. In 1918 he was General Commissioner of the Provisional Government for taking over property from the German occupation powers.
During 1918–1920 he worked as Minister of Justice of the Provisional Government and the Government of the Republic.
Jaakson was Elder of State from December 1924 to December 1925. Jaakson was imprisoned by the sovjet secret service People’s Commissariat of Internal Affairs on 14 June 1941.
In Russia he was sentenced to death because of "counterrevolutionary activities" and executed the next year.
In 1915-1919, Jaakson was a member of the Board of the Tallinn City Bank (Tallinna Linnapank). In 1920–1932 Jaakson was a member of the I–IV Riigikogu. In 1926-1940 he worked as President of the Bank of Estonia and was a member of the National Economic Council.
Also, Jaakson was member of the National Council (Riiginõukogu, second chamber of the Riigikogu in 1938-1940).