Man Ring S Wedding?
Q: Is the wedding ring considered part of the assets when getting a divorce?
A: If it has monetary value, sure. I live in CA and the rings were listed as assets on the paperwork. I kept mine, and she kept hers. Actually, she has mine, but I listed it as mine for reasons that I still don't know. It has no meaning to me, but I think it does for her (so our daughter has told me), so I don't push the issue. When it comes time to splitting the assets we accumulated while we were married the ring I gave her could prove to be very significant in my favor. I paid a hell of allot of money for that ring if I can use it in my favor you bet your bottom dollar I'm going to do it. Now, can it be counted as community property or am I just dreaming? I happily gave my wedding band back when the divorce was final. It was a darn nice ring made by an artist in Missouri (that I paid for, FWIW). I did not get back the setting I gave to my former spouse; I didn't ask for it and it wasn't returned. I was lucky in that the diamond was an heirloom of hers to begin with so all I paid for her ring was the setting (which was still several hundred dollars, but not multiple thousands like some rings are I guess). I was soooooo tempted just to chuck it but that was just too impractical. Whether she chucked or kept either ring I do not know and do not care. It seems to me that the ring is a gift given before the marriage. Thus, the ring you give to her is hers full and clear, and likewise your ring is yours. That's how I see it; I have no idea how the courts see it. Man, if I could lay claim to all the jewelry I gave her I'd be several thousand dollars ahead. Those were gifts, though, and so I consider all of that hers.
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