Engagement rings are one of the most exciting aspects of a wedding. Many people dream for years of their perfect ring and are thrilled to find themselves engaged and later married. But just as the ring is a symbol of the hope of marriage, it can also be a source of conflict and sadness when the relationship comes to an end. Many people wonder - What happens to the engagement or wedding ring in a divorce?
When Does an Engagement Ring Have to Be Returned?
Illinois law regarding the ownership of a ring differs depending on whether a couple is married or engaged when the relationship ends. If the couple is engaged, then the person who ends the relationship may determine who keeps the ring.
Illinois courts have determined that gifts given as a promise of marriage are conditional on the marriage itself. If a man bought and presented his girlfriend with an engagement ring, and she later called off the engagement, she is required by Illinois law to return the ring. If the couple mutually agrees to end the relationship, the ring and any other gifts are likewise returned....