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  • Jewelry gifts?

    If I gave her jewelry gifts during marriage, would that not be considered her asset when it comes to financial statement?

  • #2
    Marital assets.

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    • #3
      Originally posted by blinkandimgone View Post
      Marital assets.
      That makes life harder. Now I feel the need to confront her as she did not show any of this under her assets.

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      • #4
        Is there a lot of value to the items? if not, let it go and avoid spending even more on getting the $ split. If yes, include it in YOUR disclosure as marital property.

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        • #5
          does $8K make it a lot?

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          • #6
            $8,000.00 retail = approximately $1,500.00 wholesale. Ask any jeweler.

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            • #7
              Originally posted by arabian View Post
              $8,000.00 retail = approximately $1,500.00 wholesale. Ask any jeweler.
              So you are telling me it's really worth $1500? In other words, if she puts it on her financial statement, it would be listed as $1500. Really?

              I'm never marrying again...

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              • #8
                Originally posted by sam666 View Post
                So you are telling me it's really worth $1500? In other words, if she puts it on her financial statement, it would be listed as $1500. Really?

                I'm never marrying again...
                Has there ever been an appraisal of the jewlery for insurance purposes??

                Dont take someones word who has never seen the pieces on the value of it. It will not be worth as much as it was brand new in most cases. Jewelers have to make their profit when they sell things so you have to take that into consideration. A lot depends on what type of jewellery like is it 24c gold or diamonds etc.

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                • #9
                  one diamond and one gold set.

                  No, it has not be appraised. I mean it came up in my mind because she did not disclose it on her financial statement. So now I'm thinking whether if I should bring it up or not. Without it, the total family net is about $50K (all from my side, her side is 0$). So $8K is a good chunk from that point of view.

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                  • #10
                    Personal experience. $8,000.00 diamond earrings. I had taken my engagement ring in to get it made into something else. While I was there I showed him my diamond earrings (accompanied by certified appraisal from time of purchase). The certified gemologist showed me his wholesale diamond price list. Yep, same cut, clarity, etc. for around $1,300.00. I checked at two other places and was told the same thing. I also recently found out it's pretty easy to get wholesale diamonds without owning a store. So if I was to insure those diamond earrings, and had to put a separate insurance rider on them, I would probably only insure them for 2,000.00 if riders are still as expensive as they used to be 20 yrs ago.

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                    • #11
                      forget it then...

                      her sense of entitlement is already sky high and I'm not going to open this can of worms.

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                      • #12
                        Yeah if you every walk down this path again - make sure you shop wholesale!

                        Enjoy the summer!

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                        • #13
                          wholesale...whatever. I paid $8K for it and thats all I know.

                          No I can't enjoy the summer with all the crap going on. When you had loved someone so much and that person betrays you like there is no tomorrow, you can't enjoy summer.

                          I hate the heat anyways.

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                          • #14
                            Originally posted by sam666 View Post
                            wholesale...whatever. I paid $8K for it and thats all I know.

                            No I can't enjoy the summer with all the crap going on. When you had loved someone so much and that person betrays you like there is no tomorrow, you can't enjoy summer.

                            I hate the heat anyways.
                            Things depreciate. It sucks.

                            Being betrayed by the one you love has to be one of the worst feelings in the world, I completely agree, but in times like this, you need to make time for you. Go for a brisk walk or bike ride with loud angry music in your ears and just stop thinking for a while. Go do something she always disliked or try something she was never willing to do and feel the freedom. Seek counselling if you are under that much stress - you need to have a clear head for a lot of this process.

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                            • #15
                              Hi - If it irks you, just add it to your 13.1... In the end, it's the difference that is looked at, not the nitty gritty details. I'd put anything above $1,000 (not worth the legal time for less valuable items). At least you will have made your point that YOU didn't forget about the jewelry. A divorce IS a can of worms, so report things for the best mental outcome for you. Good luck!

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