52626 Posted August 25, 2014 Posted August 25, 2014 John owns 1% of company A and 99% is owned by Family Holding Company. Same ownership for company B. The Holding company is a Revocable Trust owned by John. As a Grantor trust isn't John deemed to own 100% of both A and B and a controlled group exists? Thanks
Jim Chad Posted August 26, 2014 Posted August 26, 2014 I can't understand what you are saying. Would you care to try wording it differently. Maybe I would be able to understand. Company A: Does John own 60 % or does the trust own 90%? I don't understand how it could be both.
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