Unmarried Couples: Tax, Legal, and Insurance Issues

The purpose of this course is to provide a discussion of the tax, legal, and insurance issues that apply to unmarried couples. Topics discussed include: pay-on-death accounts, beneficiary designations, estate taxes, property ownership, formal agreements, HIPAA and the power of attorney, insurance considerations, reasons to marry or not to marry, and much more.

With this 1-hour course, you will:

• Understand why estate planning is critical for an unmarried couple
• See what the options are for an unmarried couple to designate one another as beneficiaries
• Learn about the different ways of holding title when an unmarried couple owns property
• Find out about the types of formal agreements an unmarried couple may want to draft, such as cohabitation agreements, contracts for jointly-owned assets, and powers of attorney
• Recognize issues that unmarried couples may face regarding property, health, life, and long-term care insurance
• Read a case study that outlines the advantages and disadvantages of an unmarried couple’s decision to marry

This self-study is designed to meet the requirements for the specified number of hours of continuing education. This self-study has been designed to meet the requirements of the IRS Return Preparer Office; including sections 10.6 and 10.9 of Department of Treasury's Circular No. 230 (Provider No. CRA7E); the California State Board of Accountancy; the California Bar Association; and the California Tax Education Council. This does not constitute an endorsement by these groups. The state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. For more information regarding administrative policies such as complaints or refunds, contact Spidell Publishing at 714-776-7850. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, or by phone at 877-850-2832, or on the internet at www.CTEC.org.

Spidell Publishing, Inc. 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. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web Site: www.nasba.org. This self-study is designed to meet the requirements for 1 hour of continuing education for the California Board of Accountancy. Basic Level. Field of Study: Taxes. Delivery method: Self-Study. For more information regarding administrative policies, such as complaints or refunds, contact Spidell Publishing at (714) 776-7850. There are no prerequisites or advanced preparation required.