Is the diamond engagement ring marital property???

I got my engagement ring as a christmas gift. He has put it on his financial statement as marital property. It's mine..right???

by 5babemom 366 Posts
Posted on 9/8/2008 4:08 AM

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Tags: legal , money matters
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Answers for "Is the diamond engagement ring marital property???" (4) (You must be logged in to answer)

if you two have it insured - then it becomes marital property "sortof"...the argument your attorney will bring on it is that it was given to you as a binder to a contract (marriage) that contract was fulfilled by you, making it your legal property.

by spaznskitz 7745 Posts
Posted on 9/11/2008 5:45 PM

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Thanks guys!!

by 5babemom 366 Posts
Posted on 9/8/2008 12:34 PM

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I'd say it's yours whether or not it was a "Christmas gift". Just like his wedding band (if he has one) is his.

If you don't want it (likely), you should be able to sell/hock it and keep the money.

If he wants it for his next honey, he should pay you for it in the settlement (he gets the ring, you get more $).

Only possible exception would be if it is a family heirloom from his grandmother or something. And I'd still say you should get fair market value for its return.

by jhs 555 Posts
Posted on 9/8/2008 10:26 AM

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I would say yes it is yours. Is he asking for other gifts that he has given you also.
I guess you could say ok..I will give it to you ..but I want all the gifts back I have given to you . Then give him a list. See what he thinks of that!
My guess is he wants to hock it so he can have the money.

by mtnvly 3539 Posts
Posted on 9/8/2008 5:39 AM

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