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  5. 834 P.2d 807 (1992)
 

RAMSEY v. RAMSEY

Nos. S-4206, S-4207.

834 P.2d 807 (1992)

Clair J. RAMSEY, Appellant/Cross-Appellee, v. Sandra S. RAMSEY, Appellee/Cross-Appellant.

Supreme Court of Alaska.

July 24, 1992.

Attorney(s) appearing for the Case

Kathleen A. Weeks, Law Offices of Kathleen A. Weeks, Anchorage, for appellant/cross-appellee.

Sharon L. Gleason, Rice, Volland & Gleason, P.C., Anchorage, for appellee/cross-appellant.

Before RABINOWITZ, C.J., and BURKE, MATTHEWS, COMPTON and MOORE, JJ.

OPINION

MATTHEWS, Justice.

FACTS AND PROCEEDINGS

Clair and Sandra Ramsey were married on April 11, 1964. At the time the divorce decree was issued, August 27, 1990, both were 47 years old. Clair earns at least $120,000 a year as a real estate agent for Jack White Company. Sandra has operated her own interior design business since 1979. In 1989 the net earnings from her business were $7,829.

The parties physically separated in the summer...

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