Gary Geldmeier and Sharon Geldmeier appeared before a trial court on a petition for dissolution of their marriage. Gary and Sharon were married in 1963 and had two children. Gary’s annual gross income was approximately $36,000, including substantial overtime. Sharon was a homemaker and had completed her master’s degree in clinical psychology shortly before the marriage deteriorated. The trial court valued their real and personal property at $19,450 and awarded Sharon $17,400 of the assets, including a home encumbered by two mortgages and other personal property. Gary was awarded property valued at $9,550, including a vehicle, a boat, interest in his pension plan and life-insurance policy, and other property. However, that amount was reduced to $2,050 based on the debts that Gary was ordered to pay. Finally, the trial court awarded Sharon custody of the children, child support of $80 per week, and alimony of $100 per month. Gary appealed, arguing that the trial court had improperly divided the marital property and debts disproportionately so as to award Sharon more marital assets than debts and assign Gary more debts than marital assets.