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Yeah. Very important if your wife-to-be is "waiting for marriage" to maintain their market value, and you want to use the ring as a way to get the benefits of m
by wisty 17y ago
Yeah. Very important if your wife-to-be is "waiting for marriage" to maintain their market value, and you want to use the ring as a way to get the benefits of marriage before the ceremony.
A big splurge on a ring means that you are serious, and will go through with the ceremony. Breaking off the engagement will leave you out of pocket.
But most people aren't in that position any more. Girls don't "wait-for-marriage" to maintain their market value any more.
- georgecmu 17y ago> Breaking off the engagement will leave you out of pocket. Depending on the state, if an engagement is broken off for any reason, the ring should return to you. In others -- only if it's broken off by your betrothed. From http://www.slate.com/id/100411/ http://www.slate.com/id/100411/ : If you're in New York, you have to return the ring. Recently, the Supreme Court of Pennsylvania stuck steadfastly to the no-fault reasoning and decreed that the donor should always get the ring back if the engagement is broken off, regardless of who broke it off or why (Lindh v. Surman, 1999 WL 1073639). Iowa, Kansas, New Jersey, New Mexico, New York, and Wisconsin have the same rule (Heiman v. Parrish, 942 P.2d 631, 636 [Kan. 1997]). The alternative rule, and still the majority approach, is that a donor who breaks off the engagement for a reason that has nothing to do with the donee's behavior cannot recover the ring. This is the fault-based rule