Wedding and Engagement Rings after Divorce

Diamond engagement rings have been a staple in Western culture since the 1930s, symbolizing a man’s commitment and love for his future wife. Statistics from 2009 report that, on average, men spend $5,847 on engagement rings. If an engaged couple does not go through with the wedding or if the marriage ends in divorce, many argue over who gets the engagement ring.

If you are considering getting a divorce, you will need a qualified divorce attorney to help you along the way. Contact the Orlando divorce lawyers of the Schlegel Law Group at 407-648-0280 today to schedule an initial consultation with an experienced attorney.

Who Gets the Ring?

A general rule for deciding how much to spend on an engagement ring is that a ring should cost approximately two months’ salary. Because engagement rings are so expensive and a gift from one partner to the other, many couples argue over who gets to keep them after a marriage ends. Florida law states the following about custody of gifts:

• If the couple does not go through with the marriage, the “receiver” will typically return the ring to the “giver.”
• If the couple goes through with the marriage, the ring is now a possession of the “receiver” and will stay with that party if the marriage ends.
• If the ring was a family heirloom, the couple should decide who gets custody of it in a prenuptial agreement.

If you have any questions about the division of assets or any other aspect of divorce, you need the assistance of a qualified divorce attorney.

Contact Us

Contact the Orlando divorce attorneys of the Schlegel Law Group at 407-648-0280 if you have any questions or worries regarding divorce.