Program Details
2026-10-08 12:00:00
Over 1,000+ webinars
Course Overview
2026-10-08 12:00:00
1h CLE Credits
Intermediate
1
12:00 pm - 12:12 pm ESTThis opening segment grounds attendees in Proposition 13, explaining how assessed values are set, when a change in ownership occurs, and how the reassessment framework operates across common real property transactions.
John P. Hannon, III 12:12 pm - 12:24 pm ESTA close look at how transfers involving trusts, life estates, estates for years, and lease arrangements are treated for property tax purposes, including which structures keep an existing assessed value intact.
John P. Hannon, III 12:24 pm - 12:36 pm ESTAn examination of Proposition 19’s overhaul of the parent-child exclusion, what remains available after the change, and the implications families and their advisors must weigh before transferring California real property.
John P. Hannon, III 12:36 pm - 12:48 pm ESTCoverage of entity ownership rules, including change of control, change of original co-owner, and the proportional interest transfer exclusion, with guidance on structuring transactions that avoid unintended consequences.
John P. Hannon, III 12:48 pm - 1:00 pm ESTThis portion unpacks joint tenancy transfers and the original transferor exclusion, showing when creating or severing a joint tenancy alters the treatment of jointly held property.
John P. Hannon, III 1:10 pm - 1:20 pm ESTA walkthrough of filing obligations for individuals, trusts, and legal entities, identifying the forms, timelines, and disclosure duties that follow a change in ownership or control.
John P. Hannon, III 1:20 pm - 1:30 pm ESTStrategies for preserving low assessed values within an estate plan, matching vehicles to family goals so wealth passes to the next generation without sacrificing favorable valuations.
John P. Hannon, III 1:30 pm - 1:40 pm ESTThe closing discussion covers the step transaction doctrine, why multi-step arrangements may be viewed as a single transfer, and practical tips for sequencing transactions so careful work does not unravel.
John P. Hannon, IIIJohn P. Hannon, III is an attorney with Murtaugh LLP who guides individuals and families through estate planning, tax planning, and trust administration. His practice spans straightforward and highly complex trust and estate administrations, and that administration background shapes the guidance he provides on the planning side, producing plans that are efficient to carry out and built to hold up over time. He advises clients on tax structures designed to preserve generational wealth and pays particular attention to how estate planning choices can strengthen or strain family dynamics.
John P. Hannon, III is an attorney with Murtaugh LLP who guides individuals and families through estate planning, tax planning, and trust administration. His practice spans straightforward and highly complex trust and estate administrations, and that administration background shapes the guidance he provides on the planning side, producing plans that are efficient to carry out and built to hold up over time. He advises clients on tax structures designed to preserve generational wealth and pays particular attention to how estate planning choices can strengthen or strain family dynamics.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
