Who Owns the Engagement Ring After Divorce?
Discover who keeps the engagement ring after a divorce and learn about relevant legal considerations.
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Typically, the engagement ring is considered a gift. After a divorce, the spouse who received the ring usually retains ownership. However, circumstances and local laws may vary, so it’s wise to consult legal guidance for specific situations.
FAQs & Answers
- Is an engagement ring considered a gift? Yes, typically an engagement ring is viewed as a gift to the recipient.
- Can an engagement ring be contested in divorce? Yes, in some cases, the ownership of an engagement ring can be contested based on local laws and circumstances.
- What do divorce laws say about property division? Divorce laws regarding property division vary by state, so it’s important to consult a legal expert for specific guidance.