Double Dip?

In a 4-3 opinion, the highest court in New Jersey has found it is not impermissible "double counting" to use actual income of a closely held corporation for alimony purposes and then a lower, "normalized" income when valuing that same corporation for equitable distribution. The interplay between an alimony award and equitable distribution is subject to an overarching concept of fairness. Steneken v. Steneken, New Jersey Supreme Court, Justice Long dissenting, ___N.J.___(2005); 2005 WL 1159427, May 19, 2005.