What is the ruling concerning assets acquired after the date of separation?

Assets acquired after the date of separation are typically considered separate property, meaning they are not subject to division as marital property during a divorce proceeding. This principle stems from the understanding that once spouses separate, any assets obtained thereafter are no longer accrued through the marital partnership, and thus, they do not benefit either party from the joint efforts or contributions made during the marriage.

In many jurisdictions, the date of separation is a critical benchmark that delineates marital property from separate property. This distinction is crucial as marital property encompasses assets gained during the marriage, while separate property includes assets that were owned before marriage, inheritances, and those obtained after separation.

Therefore, the ruling that assets acquired post-separation are separate property reflects the legal acknowledgment that the partnership has effectively ended, and any new assets are not subject to equitable distribution in the event of a divorce.