Gregory Gordon, Appellant v. Patricia Gordon, Appellee.

Summary

The Alaska Supreme Court reversed the superior court’s distribution of the marital estate because it improperly applied an adjusted coverture fraction to the division of a retirement medical benefit. The Court held that the coverture fraction is only a tool for characterizing marital versus separate property, not for valuing or dividing marital assets, and remanded for a proper equitable division using the actual coverture fraction.