RELATING TO PARENTAL PARITY.

Requires the court to consider frequent, continuing, and meaningful contact with each parent when awarding custody of a minor child, unless the court finds that one or both parents are unable to act in the best interests of the child, and to make certain findings in the custody order. Requires the court to consider any necessary reduction in employment due to the needs of a dependent child and wasting of assets when ordering spousal support and maintenance. Establishes that in the division and distribution of property as a result of a divorce, any value given for a joint investment or asset is presumed to be a joint gift except for inheritance assets.