Tag Archives: conditional gifts

Who Should Keep the Engagement Ring? [Poll]

It’s Valentine’s Day, a time of romance and wedding proposals. According to the U.S. Census Bureau, in February last year, jewelry stores sold more than $2.66 billion worth of merchandise, including engagement rings. Afterall, a popular belief is the holiday commemorates a saint, martyred for secretly performing weddings. But with so much love in the air, unfortunately some of it can sometimes drift away. Short of romantic martyrdom, unless OKCupid improves his aim, all engagements will not end in marriages. …

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Posted 4 years ago in Editors Picks Your Family & The Law by Aaron Kase  
Avoid Legal Pitfalls on Your Valentine’s Day Engagement

Valentine’s Day can mean chocolate, flowers . . . and an engagement ring? Couples whose cupid-day festivities include bending down on one knee have every reason to celebrate with smooches and champagne, but nevertheless should be aware of the legal implications of getting engaged. While engagement isn’t a legal contract per se, it can involve the exchange or sharing of property that could bring lawyers into the picture if the union goes sour. In particular, the engagement ring itself is …

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