Court Backs Away From Support for Double-Dip Theory

Business Valuation UpdateVol. 21 No. 5
Legal and Court Case Update
May 2015
8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
income approach, asset approach, capitalization of earnings, capitalization rate, discount for lack of marketability (DLOM), double dip, market approach, valuation date, fixed assets, future income, valuation

Bohme v. Bohme
2015 Ohio App. LEXIS 325
January 30, 2015
US
State Court
Ohio
Court of Appeals
Milton Zimmerman, J.R. Hochwalt (husband); Alan Duvall (wife)
Hall

Summary

In a divorce case involving dental practice, appeals court says using income stream “as a tool” to value a professional business and then using it “as actual income for a spousal support calculation” does not per se amount to impermissible double dipping.

See Also

Bohme v. Bohme

In a divorce case involving dental practice, appeals court says using income stream “as a tool” to value a professional business and then using it “as actual income for a spousal support calculation” does not per se amount to impermissible double dipping.