Property division in Alaska

Property division in Alaska: 

Assets owned prior to marriage are deemed separate property, as are assets acquired by gift or inheritance, and are not divisible in a divorce. Debts acquired prior to the marriage will remain the separate liability of each spouse.

All assets and debt obligations acquired after a couple marries will be divided equitably in a divorce if the spouses cannot mutually agree to the division. The court will try to justly divorce the marital estate (including retirement benefits) based on:

- Length of marriage and the level of prosperity established while married;

- The age of each party, in addition to their physical health;

- Each spouse's predicted income potential in the workforce, taking into consideration their educational background and career training, absences from the work-force, and their child care responsibilities;

- The economic stability of each spouse, including the ability to obtain health insurance at a reasonable cost;

- Misconduct of either spouse in the excessive dissipation of the marital estate;

- Whether the custodial parent will be awarded the house, or the right to reside there for a sufficient period of time to raise the children;

- The needs and circumstances of each spouse;

- When and how the property was acquired, the fair market value of the property at the time the marital estate is divided, and its revenue-generating capacity.