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Trust Glossary

Quasi-Community Property - Property acquired by one or the other or both of husband and wife during marriage while in a separate property state that would have been community property had they acquired it while married in a community property state. Community property states generally treat quasi-community property as community property.

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The content in this glossary is general in nature and is intended for informational purposes only. It is not intended to provide specific advice or recommendations for any individual or organization, because the facts and circumstances surrounding each situation differ. Please consult your attorney, tax advisor or other professional advisor for advice on your particular situation.

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