Friday, May 21, 2010

The Double Dip in Valuing Goodwill in Divorce

In circumstances in which the property division includes a business to be valued, it will most likely include both tangible and intangible assets. If the value of an intangible asset, such as goodwill, is charged to one party, the income stream, which is being used for the calculation of income available for support, is most likely the same income stream that was used for the computation of goodwill. Hence, the double dip.
The issue of double dipping has frustrated many business owners involved in a marital dissolution because of the financial hardship it may create. This article deals with identification of the problem, causes, and some possible solutions.

To read this article in its entirety, please click here.

For more information, contact the Family Law Offices of Renee M. Marcelle at (415) 456-4444, or online at http://www.familylawmarin.com/--

No comments: