Brandal v. Shangin

OPINION

EASTAUGH, Justice.

I. INTRODUCTION

This appeal concerns property division and child support disputes arising from Henry Brandal and Lorraine Shangin's divorce. We hold that the trial court did not err in classifying Henry's right to use his grandmother's Chignik Lagoon land as a marital asset, or in valuing the original cost of this asset. But because we conclude that it was error to use compound rather than simple interest to calculate the present value of that asset, we remand for further calculations. We affirm the trial court's fifty/fifty distribution of the EXXON VALDEZ settlement…