It is not impermissible "double-counting" to use actual income for purposes of awarding alimony but a lower "normalized" income when valuing a closely held corporation for equitable distribution purposes; alimony and equitable distribution have interrelated, but separate, purposes and the interplay between them is subject to an overriding concept of fairness; calculating alimony using actual income and equitable distribution using normalized income here resulted in fair and proper awards which are affirmed.
May 23, 2005 at 12:00 AM
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