Featured News 2016 What Should I Do With My Rings After the Divorce?

What Should I Do With My Rings After the Divorce?

When couples file for divorce, some of them continue wearing their wedding band until the divorce is final, while others can't slip their rings off fast enough. While it's been custom to continue wearing one's wedding ring until the divorce is official, it's becoming more socially acceptable for divorcing spouses to remove their rings once they agree to untie the knot.

But, what about after the divorce? What do divorcées normally do with their rings once the divorce is said and done? While there isn't a "one size fits all" answer, there are several things that a divorced woman can do with her engagement and wedding rings that can be beneficial – it all depends on her individual needs and desires.

When Selling the Rings is Beneficial

For many women, their engagement and wedding rings are the most valuable possessions they own. If the sight of the rings leads to painful emotions, such as sadness, anger, or regret, it may be wise for the woman to sell her rings to a reputable diamond buyer and use the money for a greater purpose, such as:

  • Pay off debt
  • Pay all of her divorce attorney fees
  • Invest in her education
  • Invest in a new business
  • Take a much-deserved vacation

Unless a couple is wealthy, divorce can be a huge financial adjustment at first. If a woman can use the proceeds from her rings to pay her legal fees, or to invest in her education and career, or to pay off debt, it may be the best decision that she could make.

If she does not need the money, but she's quite fond of the rings, she can wear them on a different finger, or have a jeweler redesign them. Or, if she's not attached, she can donate the rings or their proceeds to a charity.

Considering keeping the rings?

Sometimes newly divorced women are emotionally attached to their rings because they remind them of the beautiful children that their marriage produced. While they have no desire to ever wear the rings again, they want to keep the rings so their children can pass them down to their children.

What should you do? It all comes down to how you feel about the rings, if you want to keep them, whether selling them could help you financially, and whether you wish to keep them for posterity.

If you're looking for a family law attorney to represent you in your divorce, scroll through our directory to find one in your local area.

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