In re the Marriage of Prescott

Husband appeals a dissolution of marriage judgment and contends that the property division and spousal support provisions are inequitable. We review de novo and modify the judgment.

At the time of trial the parties had been married for 37 years and were 55 and 56 years old. They have four children, all emancipated. Husband earns $24,600 gross per year as a corrections officer. Wife is the sole proprietor of a private school and has a gross annual income of about $11,000.

The court awarded wife her school business, valued at $2,000, the residence, with a net value of $17,580, her IRA’s, valued…