Minnesota Law: Who Gets The Engagement Ring If The Couple Splits Up?
Jennifer Lopez and Alex Rodriguez officially called off their engagement last week when they released this statement, “We have realized we are better as friends and look forward to remaining so. We will continue to work together and support each other on our shared businesses and projects."
According to TMZ, J-Lo hasn’t returned the $1.8 million engagement ring. Should she? Open our free mobile app to chat with us and let us know what you think. We asked our audience and most said she’s free to do whatever she wants with it but what does the law say about engagement rings? The Martin Wagner Law Firm in Rogers, Minnesota said that’s one of the top ten questions divorce lawyers get. See their answer below.
Minnesota Law: Who gets the engagement ring if the couple splits up?
According to Martin and Wagner, “Minnesota law states that "an engagement ring is a ‘conditional gift’ and the condition of the gift is marriage.” So, it all depends on whether or not the couple got married – The law says the ring must be returned if the couple did not get married, but the person that received the ring can keep it if the couple did and ended up getting divorced.
Speaking of engagement rings, ShaneCo studied the most popular sizes and styles by state last summer. They found the biggest rocks are sold in Hawaii, where the average carat size is 1.2 carats. Vermont was on the bottom of the list with an average carat size of under 0.7 carats among diamond ring purchases. You can see the average size and most popular style of Minnesota rings here.
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