Alaska is an equitable distribution state. Property, including retirement benefits, that was acquired during marriage is distributed in a just manner without regard to fault. The division of property must fairly allocate the economic effect of divorce considering the length of the marriage, the standard of living during marriage, the age and health of the parties, the earning capacity of the parties, the financial condition of the parties (including the cost of obtaining health insurance), the conduct of the parties with regard to spending marital money, the desirability of awarding the family home to the parent with primary physical custody of the children and, other factors. (Alaska Statutes 25.24.160)
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