Distribution of
property:
Alaska is an
equitable distribution state, which means that the court will divide the
marital property between the parties as it deems equitable and just, without
regard to fault. Factors the court will consider in dividing the property
include:
The length of
the marriage.
The age and
health of the parties.
The earning
capacity of the parties.
The financial
condition of the parties.
The conduct of
the parties, including whether there has been an unreasonable depletion of
marital assets.
The
desirability of awarding the family home, or the right to live in it for a
reasonable period of time to the party with custody of the child, if any.
The circumstances
and necessities of each party.
The time and
manner of acquisition of the property in question.
The
income producing capacity of the property and the value of the property at the
time of division. [Based on Alaska Statutes 25.24.160]
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