ATTORNEYS AT LAW



1009 W 7TH AVENUE



ANCHORAGE, ALASKA 99501



TELEPHONE: (907) 279-4529



FAX: (907) 279-9223

The Alaska Supreme Court has set forth the accepted method of legal analysis to be followed in determining property dispositions. The first step is to determine the specific property available for distribution. Second the court must determine the value of all of this property. Finally, the court must determine the most equitable (i.e. the fairest) allocation of the property between the parties, beginning with the presumption that the most division of the property is an equal division.

Marital Assets are generally to be valued as close as possible to the date of trial. The court must divide marital property pursuant to the following factors:

1. The respective ages of the parties and their normal life expectancy.

2. Their earning ability in the type of work for which they are qualified by training and experience.

3. The duration and conduct of each spouse during the marriage.

4. Their station in life.

5. The circumstances and necessities of each.

6. Their health and physical condition.

7. Their financial circumstances.

8. The time and manner of the acquisition of the priority in question.

9. The values at the time, and its income producing capability, if any

10. Any other factors bearing on the equities.

11. The psychological warfare of a party.

Clients often prefer paying their legal bills with credit cards. The firm has added another alternative available to clients to pay their bills. American Express cards are now accepted. In addition, the firm accepts payment by Mastercard, Visa and Discover credit cards.

Steven Pradell's book, The Alaska Family Law Handbook, is available at the office or in local bookstores for $9.95

YOUR REFERRALS ARE APPRECIATED.

©1999 By Pradell and Associates. This article is not intended to provide legal advice and should not be relied on for that purpose. The law office of Pradell and Associates provides low cost legal consultations. A helpful staff provides prompt, courteous services to meet your legal needs. Give Pradell and Associates a call today, at (907) 279-4529-- (279-4LAW).