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At the moment my wife and I share 1 appleid. My iCloud storage is nearly full, and our call lists are merged together.

If I setup family sharing giving her her own appleid will she:

1. Get her own iCloud with data storage allowance?

2. Separate her call lists from mine?

3. Have her own photo stream? Can we share our photo streams with each other, or merge them in to one, or would we have to create an share a stream and add photos to it manually?

Thanks for your replies.