Legal Question in Family Law in New York
Ownership of wedding rings
My husband & I are separating and would like to know is my diamond and wedding band mine or considered joint property? The value is $3000.00 total for my set.
Asked on 1/23/02, 2:09 pm
2 Answers from Attorneys
Jean Mahserjian
Jean M. Mahserjian, Esq., PC
Re: Ownership of wedding rings
If your engagement ring was given to you before your marriage, it was a gift in contemplation of marriage and is not marital property. Rather, it is your separate property. Any rings given after the marriage are marital property and subject to equitable distribution.
Answered on 1/23/02, 3:10 pm
Daniel Clement
Law Offices of Daniel Clement
Re: Ownership of wedding rings
The engagement ring is a gift made in contemplation of marriage and is your separate property.
Daniel Clement
Answered on 1/23/02, 4:45 pm
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