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MrZebra
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Reged: 09/15/06
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wedding ring an asset?
      #146984 - 09/15/06 03:24 PM

My soon to be ex-spouse is claiming that her wedding ring should not be counted as an asset because it was given to her as gift by me. The original engagement ring (given 7 years ago was only valued at $1500), but 5 years after marrying we upgraded the ring with a $7K diamond. Is that really not considered part of the combined marital assets?

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rocketgirl
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Reged: 06/24/04
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Re: wedding ring an asset? [Re: MrZebra]
      #146992 - 09/15/06 03:45 PM

No, it is not considered a marital asset... it was a gift to your stbx.

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Lisa

Diplomacy - the art of telling someone to go to hell, and them looking forward to the trip.


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RedskinFan
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Reged: 01/23/06
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Re: wedding ring an asset? [Re: rocketgirl]
      #149610 - 09/24/06 04:26 PM

Generally, it would be considered a pre marital asset and you would have no claim to it. But since you used "married" money to upgrade it, I would think now it is considered marital property. Your lawyer (please get one if you do not have one already) will be able to tell you the laws, don't believe anything she says, obviously she wants to keep it and will tell you 'whatever'.

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Maury
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Re: wedding ring an asset? [Re: RedskinFan]
      #149620 - 09/24/06 04:45 PM

It is considered a gift from one spouse to another which generally qualifies it as a non-marital asset (one not divided in divorce). It is not necessarily or usually consiidered a premarital asset, but the result is the same.

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sogle57
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Reged: 07/04/04
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Re: wedding ring an asset? [Re: MrZebra]
      #164594 - 11/05/06 06:13 PM

good grief...you want her wedding ring? what kinda man are you?..you use to love the women..or there wouldnt have been a ring..oh i know..maybe you already have someone else to give it too..if you updated the ring then she prob helped pay for it...in some form..oh i know..i sound mean..im not tho..im really nice..your getting a divorce..leave the ring alone..and move on...

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Redlegg
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Re: wedding ring an asset? [Re: sogle57]
      #164727 - 11/06/06 06:09 AM

Ha, I gave her those and mine, I had no use for it at all.

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laskaccicroni
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Reged: 12/22/11
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thank you [Re: Redlegg]
      #776441 - 01/31/12 07:31 PM

Terrific
Your site is very helpful...
Thank you...


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