Articles Posted in Gifts

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What happens to the engagement ring if someone calls off the wedding?

KELLY AND BETSYS RING PHOTO
Unfortunately, before some engaged couples can make it down the aisle to say “I do”, someone says “I don’t”. The issue of who gets to keep the engagement ring often surfaces during this heartbreaking time.

An engagement ring is a gift and the law requires three elements to constitute an irrevocable gift: