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Legally, an engagement is a "contract", and the ring is "consideration" for that contract. If the engagee fails to hold up her end of the bargain (i.e. get married), then the contract is null and void and the ring should be returned to the person that paid for it.
20yrsinBranson
Exactly. This is what any judge would tell you if you go to court.
You don't keep the ring if the wedding doesn't happen.
Whether the ring is $800, $8000 or $800,000, the ring goes back if the engagement is broken off. Like 20yrsinBranson said, it's a contract and the ring is the "consideration". Doesn't matter whose right or wrong or the reason for the break-up, legally, it goes back.
"mad at" isn't the right word, but i for one never give a gift or loan that i couldn't let go of. of course it's better if it doesn't go that way, but if it does you have to be prepared
i don't really see much of point to having a lot of money if it's not going to help you worry less about money. this guy is lawyering up and it's already gone to press. sounds like a ton of worry, stress and unpleasantness to me. personally i think he'd be better off just walking away, from a quality of life perspective. it's not like he can't still afford a fleet of sports cars or to give a million bucks to charity
for the record, i did exactly this, broke off an engagement, didn't get the ring back, didn't even ask for it. obviously not a million dollar ring though
I would give the ring back no matter who broke it off and no matter the reason it broke off. But yeah people often get "lawyered up" after they are hurt. Some even get "lawyered up" before! lol
I was never one to believe that money can buy love or happiness either.
I would give the ring back no matter who broke it off and no matter the reason it broke off
yeah but you're not crazy like my ex-finance
also i doubt most gals who pursue professional athletes will let go of $800K without a fight. of course there are exceptions, but many are in it for the money/gifts/lifestyle/etc
Once you give someone an engagement ring, you should not expect that you'll get it back. If she says no -she won't get the ring. But she said yes then she got the ring. If things didn't work out, its is her choice to give it back or to keep it. Most people would give it back but I would through it away. You should not assume that all will give it back. So don't be stupid buying almost a million dollar engagement ring and hoping to get it back!
If I found myself in this type of situation, I'd probably let them keep the ring. I know its a symbol of the engagement contract and everything but it's not worth all the hassle trying to get it back.
I was engaged twice before I met and married my husband.
The first time I kept the ring. He had been cheating, and it was the third (and final) time that he dumped me and broke my heart. We were six weeks from our wedding date, and my family and I had a lot of cash invested in down payments, I had my gown, etc. I sold the ring and gave the cash to my dad. My ex didn't ask for the ring back, I think he knew better.
The second time I gave the ring back when he and I mutually called it off. We hadn't set a date, so it wasn't all that big of a deal. He wanted me to keep it, but I didn't think it was right to do so. He was a great guy, and fortunately we ended as friends. I went to his wedding a few years later. Yes, really.
Give it back. Why waste money to hire a lawyer so you can keep it? You'll just lose.
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