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Domestic Relations -Continued |
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Separate Property - Property that a spouse owned before marriage or acquired during marriage through an inheritance or by gift from a third party, or property acquired during marriage but after the spouses have entered into a separation agreement.
Vested Benefits - The portion of a participant's accrued benefits that are not subject to forfeiture. Vesting is based on a participant's years of service under a qualified pension plan.
DISCLAIMER: The information contained herein is intended for informational purposes only and should not be considered legal advice. Seek competent counsel for advice on any legal matter.
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