Don’t Propose on Christmas!
Or any other holiday for that matter. It’s the holiday season and there is so much to remember! But if you are planning to propose, you may want to consider a day other than a holiday. Why? You ask. Because when you propose, the engagement ring serves as a contract.
When you and the person to whom you have proposed marry, that contract is fulfilled. However, if you give an engagement ring on a holiday or a birthday, it is actually a gift. What does that mean? You ask. It means that if for any reason the marriage does not go forward, that ring belongs to the person you gave it to. You are not legally entitled to have it back, and you have no fulfilled contract to show for it. That may not matter to some people, if you truly bought the ring for that person and want it to be a gift, but it is often a point of contention if the wedding plans do fall through. What else do I need to know before I propose? You ask. You should probably also know that you should consider a prenuptial agreement to truly protect yourself, your assets, and your future spouse. If you have any questions pertaining to a prenuptial agreement, or the legalities surrounding an engagement ring, contact us and let Wolf & Shore Law Group go to work for you and help protect your future. Click here, call us at 203.745.315, or email us at info@wolfandshorelaw.com.
