Joint Property Taxation
Agenda
Joint Property Taxation is a three-part webinar series held on November 29 and December 1.
Registration includes all three webinar sections.
Joint Property Basics
Tuesday, November 29, 2016, 11:00 AM – 12:00 PM CST
Types of property ownership
Joint tenants with right of survivorship
• Tenants by the entirety
• Impact of ownership on estate planning
• Non-tax advantages of joint ownership
• Disadvantages of joint ownership
Estate, Gift and Income Tax Treatment of Jointly-Owned Property
Tuesday, November 29, 2016, 1:00 – 3:00 PM CST
Federal estate tax rules for jointly-owned property
• Property owned by non-married persons
• Consideration furnished test
• Property owned by heterosexual and same-sex married persons
• Spouse’s joint property rule
Federal gift tax rules
• Non-married persons income tax basis in hands of donee
• Defeat of survivorship rights
• Termination of joint tenancy with right of survivorship
• Married personsFederal income tax rules
• Married and non-married persons
• Determining tax basis
• Real property, securities, interest, bank accounts and savings bonds
Creating and Terminating Title to Property
Held in Joint Tenancy with Right of Survivorship
Thursday, December 1, 2016, 11:00 AM – 12:00 PM CST
Real property, securities and bank accounts
Transfers within one year of death
Disclaimers
Simultaneous death of co-tenants
Transferring JTWROS property to a trust
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:
4.0 CLE Hours in AZ, CA, LA, TX, WA
4.5 CLE Hours in WI
Pending in ID, NV
Accountants:
4.0 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, and Nevada. 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.