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Massachusetts Divorce Law Monitor What you never thought you'd need to know about divorce

Gay Marriage and Engagement Rings

Posted in Court Decisions, Gay Marriage and Divorce

Hi there,

If you read this blog I am sure you already guessed that I was thrilled to hear that the Federal Court has found California’s Prop 8 (the vote that overturned gay marriage in California) unconstitutional. There is still a long, long way to go, but this is a terrific decision in my book.

A question that often comes up in divorces is what happens to the engagement ring.  Once you are married it clearly is a gift that belongs to the spouse who wore it. However if it was a family piece it can sometimes go back to the giftor.  It’s value is included in the division of assets.  David Clement, who writes the terrific New York Divorce Blog, had a recent post on this. Jewelry is generally worth only about a third of the purchase price so that can be a shock.  Often someone will need to sell the ring for legal fees, or simply because the memories are bad.  A colleague just sent me a link to what looks like a terrific site if you wish to sell.

Best,

Nancy

  • http://engagementringsbatonrouge.com Mike Kennwodien

    Hopefully I will be able to afford a top notch engagement ring when I propose next month to my girlfriend.