Pammie57 Posted February 12, 2020 Posted February 12, 2020 Does the son-in-law of the owner get attributed the ownership percentage of father in law? I have daughter as HCE based on Dad's ownership.
JackS Posted February 12, 2020 Posted February 12, 2020 No. If Daughter owned shares directly those would be attributed to her spouse but shares she is attributed from her father do not get attributed to her husband. Pammie57 1
Larry Starr Posted February 12, 2020 Posted February 12, 2020 20 minutes ago, JackS said: No. If Daughter owned shares directly those would be attributed to her spouse but shares she is attributed from her father do not get attributed to her husband. The easy way to remember this is that there is no DOUBLE ATTRIBUTION. Pammie57 1 Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC President Qualified Plan Consultants, Inc. 46 Daggett Drive West Springfield, MA 01089 413-736-2066 larrystarr@qpc-inc.com
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