Wedding rings and engagement ring- Part of NFP

Links17 said:
Does a woman's jewelry count?
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That would depend.

Was the jewelry inherited or bought from money that was inherited? Then no.

Was it acquired during the marriage? Maybe.

Personally, unless it was worth many thousands, probably not worth fighting over. And if it was a gift from one partner to another, personally I think it should be excluded.

One of my brothers, on the other hand, married a shopaholic who lived well beyond her means and purchased a lot of jewellry while he was paying the mortgage and buying the food. In that case, it should have been included and split

My ex kicked me out, but I left the wedding ring. I suppose I could have gotten a couple of hundred for the scrap value, but I didn't care.
 
oink said:
You forgot the chinaware and silver cuttleries
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Its amazing the inflated values people have for things. Used china can be had pretty cheap, especially if there are missing pieces.

My grandmother willed to me a lovely tea cup, with gold paint and a nice pattern. It had come to her from her parents. My daughter broke it. I went to find a replacement(not that I could replace the sentimental value) and discovered the cup, which everyone told me was worth hundreds, was worth about $30. Similarly my mother had a nice piece of Wedgewood jasperware, that she thought was worth thousands, but I've seen for $500.

Silver isn't often worth more than the scrap value unless its very clean and a pattern that is in demand.

For the most part, not worth fighting about.
 
My ex tried to get my engagement ring, a diamond bracelet (bought as a Vday present before marriage) and another ring (that I actually bought for myself) onto my NFP. All were bought before marriage. Once we were married, he never purchased more jewellery. I'm not really a jewellery person and never wore it anyway.

The only thing of real value was my engagement ring since it has a 3-carat, high clarity diamond in it. My lawyer had to remind him that I had it for years before marriage.

Funny enough, I was planning to give it back to him at the beginning of our divorce before he started inflating my legal bill. I don't care for diamonds due to the blood trade and would never purchase another one. At the time, I was young at not aware of the situation.

Anyway, I've gone back and forth about what to do with the thing since. It would be interesting to know what other people did with their marriage jewellery after divorce. Any suggestions?
 
blinkandimgone said:
Were they purchased after you were cohabiting?

And really, are they worth enough money to make a noticable difference?
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I would say yes to both. Most couples co-habitate before engagement, share expenses and the man purchases from their money an expensive engagement ring (eg $2,000 to $8,000).

In that case it should be split between parties. So should any jewelry or clothing as well. Just the same as any woman who puts a value to her ex husbands tools, electronics, or toy cars.
 
Funny enough, I was planning to give it back to him at the beginning of our divorce before he started inflating my legal bill. I don't care for diamonds due to the blood trade and would never purchase another one. At the time, I was young at not aware of the situation.
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Young and naive....what, like 16yrs old?^^^In other words you still have it and didn't give it back"? :rolleyes:

You claim to not know about the blood diamond, where did you think they came from....NWT? Now that you know, perhaps you can do the right thing, and give the proceeds to world vision or the red cross...

Talk is cheap, no point trying to portray an angelic personality....Actions sweetie ;)
 
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When I filed for divorce I put all the earrings, rings, necklaces my ex had given me over the years into a brown envelope and gave it to him. No way I was ever going to wear it again.
 
Yes I could have sold it but really you don't get anywhere near the retail value when you do that. Looking at the stuff at the time bothered me. I don't regret doing that as it was one of many things I had to do to emotionally shut him out of my life. My friends thought I was crazy but for some reason it was important for me to do this. He has probably recycled it by now - given to current g/f.
 
Canadaguy said:
I would say yes to both. Most couples co-habitate before engagement, share expenses and the man purchases from their money an expensive engagement ring (eg $2,000 to $8,000).

In that case it should be split between parties. So should any jewelry or clothing as well. Just the same as any woman who puts a value to her ex husbands tools, electronics, or toy cars.
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I appreciate your sentiment that during co-habitation before marriage many regard assets as "their money" but this is not true from a legal perspective. There is no marital property if you are not married. Your bank account is your money, your partner's bank account is their money.

If you are making a purchase of an engagement ring from a joint account I think Dear Abby would find that problematic. It is supposed to be a gift from you to her.
 
PH...I had my engagement & wedding rings remade into items for the kids. Took them, and a few other pieces I never wore, to the jeweller, had them melted down and remade into a ring for each of them. There were 6 diamonds in my ring, purchased a birthstone for each to add and voila!

I think a lot of people feel negatively about their wedding jewellry, enough that they wouldn't want to pass it on to the kids. But regardless of the way things turned out, our relationship was and always will be an important part of their lived to be remembered. There were a lot of good things worth remembering, too, and now each kid has a part of it.

:)
 
I understand that there are companies that will take your cremated remains and have them compressed into a diamond. I'd love to have that done with my ex, to give my kids.

I don't feel the need to wait until she passes.
 
Jewelry purchased during the marriage (not gifts or items purchased using inheritance) would likely be included in NFP.

I read an article a couple years back of an investment broker trying to open up his divorce with a pro-poker player ex-wife. She did an article within a year after the divorce and claimed to have either had issues moving or finding a location for her million dollar shoe collection, which was not listed on her financial statement. I don't know if he was successful or the fine details, but I remember that it looked like he was going to be successful.

Edit - the ladies name was Beth Shak. Here is an article:

http://www.huffingtonpost.com/2012/06/24/beth-shak-shoes-sued-divorce_n_1623766.html
 
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