Controlled Group - Minor Child becomes Adult

[jmartin]

Husband owns 100% of Dentist Office A.

Wife owns 100% of Dentist Office B

Minor child age 18 (under 21)

Adult child age 25 (over 21)

The husband and wife have no association with each other's businesses. They are not attributed each other's ownership. Same for the adult child. However the minor child is attributed ownership of both companies making them a controlled group.

Question: Once the minor child turns 21 will they cease to be a controlled group (assuming all other factors remain same)? My thoughts would be yes but wanted to double check.

[Guest A_Dude]

The fact that they both own a Dentist office would make me skeptical about meeting the spousal exclusion. But, yes I would agree that once the minor child becomes an adult they will no longer be a controlled group. This however; is not to say that they are not an ASG.