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Here are proactive steps you should take if you are contemplating divorce or separation. Finances often are taken care of by one spouse leaving the other spouse clueless, make sure your finances are protected.
Separate property is: 1) all property, real and personal, acquired by either party before the marriage; 2) all property acquired during the marriage by bequest, devise, descent, survivorship or gift from a source other than the other party; 3) all property acquired during the marriage in exchange for or from the proceeds of sale of separate property, provided that such property acquired during the marriage is maintained as separate property; and 4) that part of any property classified as separate property.
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