Wedding rings are not only a symbol of a couple’s commitment to one another, but they are also often very expensive. Unfortunately, not all marriages are destined to last forever and, when spouses part ways, there may be a question regarding who gets to keep the ring, especially if it is highly valuable. Typically, wedding rings are seen as gifts, which means you will likely be able to keep them.
Wedding Rings and Gifts
A wedding ring is considered a “conditional gift,” which means that the person can only keep it if the condition both parties agreed to is met. Therefore, if you were only ever engaged and broke up before you ever had a chance to say, “I do,” then you will have to return the ring. If you successfully tied the knot, however, you can keep the ring, no matter how short-lived the marriage may have been. You fulfilled your promise and get to keep the ring.
If your partner did not get you a ring when you got engaged, but later bought something extravagant to make up for it, it is possible that you might have to give it back if you get divorced. It may be argued that the condition under which this gift was given is that you remain married. If marital funds were used to buy the ring, it may even be treated as marital property and subject to distribution.
If you are unsure if you will be able to keep your wedding ring now that you are getting divorced, talk to an attorney about the details of your case to learn more about your rights and legal options.
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If you can no longer make your marriage work, the legal team at the Law Firm of Johnson & Gaskill PLLC can provide the exceptional guidance you need to smoothly navigate your case and protect your interests. We understand how difficult this experience can be and will work tirelessly on your behalf to help you achieve your goals, so you can start a better, brighter new chapter in your life. Our team has been helping families since 1992 and would be honored to assist you.
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