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 at any time whilst they are still husband and wife or within a one-year period from the day they cease to be husband and wife. But this shall not affect the rights of a third party who acts in good faith.

Other than the items set aside as personal property, the property of a husband and wife constitutes their marital property.

Personal property is property—

which either spouse has had since before the marriage;

which is an article of personal use, article of clothing, or article of personal adornment appropriate for the conditions, or a tool or appliance necessary for the carrying out of an occupation or profession by either spouse;

which either spouse acquires through succession or gratuitous gift during the marriage;

which is the engagement gift.

If personal property has been exchanged for other property, or has been used to buy other property, or has been sold for money, such other property or money acquired becomes personal property.