When parties decide to get married, an engagement usually takes place first where an engagement ring is given. At the time of the marriage, wedding rings and/or bands are then exchanged during the wedding ceremony. These rings are generally gifts from one party to the marriage to the other.
When a divorce takes place, the question that often comes up is who gets these rings? In some marriages, these items are not in dispute. But in other divorces, one party might demand the return of the wedding and/or engagement ring.
In many of these cases, one party may feel as if they had to save and make a significant investment in order to make the purchase. Especially if the marriage is short-term in duration, a party can then feel as if the return of these items is the right thing.
The laws in each state can vary. The facts of every marriage is also different. This is why it is important for any party to consult with an attorney who is licensed and competent to practice law in their jurisdiction.
However, generally speaking, in a divorce, marital property and debt is to be divided in a just manner when considering all of the factors in a jurisdiction where equitable distribution is the law. But in saying that, there are exceptions for items that are considered separate property.
One item that is generally considered separate property are gifts to a spouse. Generally speaking, wedding rings, bands, and/or engagement rings would fall under the gift exception.
So, while the party might demand the return of these items during divorce, the practical reality is that in most situations that do not take place unless one party agrees to do so as part of the divorce resolution.
If you are going through a divorce or family law matter and have concerns about property division or other matters, you can call Stange Law Firm, PC at 1-855-805-0595.