As of date, below is the final solution we have implemented;
1. Set dep. key of asset sender to "no depreciation" since this will be zeroed out same date as capitalization date.
2. Upon creation of various asset receiver, the capitalization date will already be set on 12/31/2015 and dep. start date on 1/01/2016. So that when transfer happens with value date 12/31/2015, there won't be any depreciation to be calculated for Dec. for the various asset receivers.
Thanks!