Community Property Taxation
Agenda
Taxation of Community Property is a two-part webinar series held on December 9 and 12.
Registration includes both webinar sections.
Community Property Basics – Friday, December 9, 2016
Morning Session: 11:00 AM – 12:00 PM CST Afternoon Session: 1:00 – 3:00 PM
Defining community property
• Community property states and local law
• Spouse’s vested one-half interest
• Federal taxation and control
• Rules to determine community and separate property
Defining separate property
• Determining the character of real property
• Determining the character of personal property
Understanding the nature of quasi-community property
• Quasi-community property states
• Differences between community and quasi-community property
Taxation of Community Property – Monday, December 12, 2016
Morning Session: 11:00 AM – 12:00 PM CST Afternoon Session: 1:00 – 3:00 PM
Lifetime transfer of community property
Testamentary transfer of community property
Community property agreements
Rules for community property life insurance
Miscellaneous tax rules impacting community property interests
Treatment of community property interests in specific property:
• Bank accounts, mortgages and notes, retirement benefits,
savings bonds, damages, lottery proceeds, common accident
Webinar Instructions
All attendees must log-on through their own email – attendees may not watch together if they wish to earn continuing education credit. HalfMoon Education Inc. must be able to prove attendance if either the attendee or HalfMoon Education Inc. is audited.
Certificates of completion will be provided for each webinar attended and will be sent via email in PDF form about five business days after the date of the conclusion of the series.
Webinars are presented via GoToWebinar, an easy-to-use application that can be run on most systems and tablets. Instructions and login information will be provided in an email sent close to the date of the webinar. It is highly recommended that you download, install and test the application before the webinar begins by clicking on the link in the email.
GoToWebinar system requirements:
Operating System:
Windows 7, Windows 8 or Windows 10
Mac OSX 10.9 (Mavericks) – 10.11 (El Capitan)
Web Browser:
Chrome v34+, Firefox v34+, Internet Explorer 8+, Microsoft Edge, Safari v6+
Internet connection: Hardware:
Minimum of 1Mbps 2GB RAM or more
Credits
Attorneys:
6.0 CLE Hours in AZ, CA, LA, TX, WA
7.0 CLE Hours in WI
Pending in ID, NV
Accountants:
7.0 CPE Hours
Continuing Education Credit Information
Each two-day webinar offers CLE credits to attorneys and paralegals in select states. Community Property Taxation is approved for 6.0 CLE hours in California, Louisiana, Texas and Washington, 7.0 CLE hours in Wisconsin, and course approval is applied for and pending in Idaho, Nevada, and New Mexico. Joint Community Property is approved for 4.0 CLE hours in California, Louisiana, Texas and Washington, 4.5 CLE hours in Wisconsin, and course approval is applied for and pending in Idaho, Nevada, and New Mexico. Educators and courses are not subject to preapproval in Arizona (6.0/4.0 CLE hours). HalfMoon Education is a California-approved CLE sponsor. Due to the non-attorney faculty, this program is not eligible for New Mexico CLE credit.
Community Property Taxation offers accountants 7.0 CPE credits and Joint Community Property offers accountants 4.5 CPE credits. HalfMoon Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Each group live webcasts offers intermediate level CPE credit in the area of taxes. A basic knowledge of federal tax is recommended, and no advance preparation is required. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.learningmarket.org. Sponsor No. 103015. HalfMoon Education Inc.is registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of the CPE program.
Participation in these webinars is monitored, and a brief-knowledge retention quiz will be administered at the conclusion of each presentation. Completion certificates will be available after successful completion of each quiz.
Speakers
Doug Moy, President - Doug H. Moy, Inc.
Doug H. Moy, President, Doug H. Moy, Inc., exclusively fee-paid Consulting Specialist in estate/gift taxation and planning. Since 1979, he has consulted to attorneys, CPAs, Enrolled Agents, and tax return preparers on estate planning strategies, tax issues and operation of illegal domestic abusive trust tax shelters. Holding an active PTIN, he prepares U.S. estate and gift tax returns. For 11 years, Mr. Moy taught CPE courses at Portland Community College. For 12 consecutive years, he designed and coordinated the Annual National Estate Tax Conference for the National Society of Accountants (NSA), teaching at those conferences and many national conferences for the National Association of Tax Professionals (NATP), of which he is an active member. He earned a B.A. degree from Willamette University and a Master’s degree from Washington State University. Among his 12 authored and published books are: Living Trusts: Third Edition; Wealth Preservation: How to Start and Develop an Estate Planning Practice; and Estate Planning Simplified, all published by John Wiley & Sons, Inc; A Practitioner’s Guide To Estate Planning: Guidance and Planning Strategies, 2 vols., Aspen Publishers, Inc. A Walter Kluwers Company. He has defended decedents’ estates in: a Conference of Right, IRS National Office and at the Appeals Division in Dallas/Ft. Worthre TAM 9214010; provided expert technical assistance in IRS Estate Tax Settlement Conference Negotiations in Van Nuys, CA; obtained five favorable Oregon State Lottery Declaratory Rulings relative to lottery prize winnings transferred to a revocable living trust; provided expert testimony in California Superior Court re irrevocable trusts for minors in a structured settlement; has authored myriad articles for Tax Analysts Tax Practice and Tax Notes; Tax Management Estates, Gifts and Trusts Journal, National Public Accountant, and TAXPRO Journal.