Nass v. Seaton
In Nass v. Seaton, 904 P.2d 412, 416 (Alaska 1995), the Alaskan Supreme Court found that pursuant to this statute, the principal amount of gifts cannot be considered income for purposes of calculating child support. Nass, 904 P.2d at 416. "Any other approach blurs the easily administered and well-established historical distinction between gifts and earned income." Id.
In Alaska, the child support statute defines annual income as income from all sources minus certain deductions.