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Why “double dipping” may become an issue


SKU: VVmj113. Category: .


Abstract: A business is often the most significant asset in a marriage. When a marriage ends in divorce, it can also become the most contentious. The term “double dipping” refers to a situation in which a spouse receives double payment for a single asset. Double dipping can become a controversial issue in marital dissolution cases requiring business valuations — depending on the state. This article mentions decisions in recent cases where the issue of double dipping has arisen. The article also notes that, to achieve fair outcomes, state courts consider the unique facts and circumstances of each case along with state statutes and case law in the jurisdiction in which the divorce is being decided. Citations: In re Marriage of Blazer, No. HO31574, Cal. App., Aug. 25, 2009. In re Marriage of White, 192 Cal.App.3d 1022 [237 Cal. Rptr. 764]. Sander v. Sander, (AC26291), Conn. Super, June 20, 2006. Steneken v. Steneken, supra, 367 N.J. Super. At 437-38, 843 A. 2d. 344, May 18, 2005.

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