1. Basic rule
1.1 All property acquired during the marriage, regardless of whose name it is in, is subject to equal sharing - unless it meets one of the categories of exemptions or unless the Court finds that it would not be just and equitable to divide it equally.
1.2 There are three categories of property - shared property, exempt property and equitably divided property.
2. Exemptions
2.1 There are 3 categories of exceptions -- the legal term is "exemptions":
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