Holiday Proposals | What to Know
In the U.S., 37% of engagements happen between the months of November to February. Additionally, Christmas Day is the day of the year that sees the most marriage proposals. So, if you are planning on proposing to your partner around the holidays, there are a few important things to consider before popping the question.
A prenuptial agreement is a legal document that declares what will happen to a couple’s assets in the event of death or divorce. Many couples avoid signing prenuptial agreements because of the negative connotations, but a prenup in no way indicates a lack of trust or faith in the relationship. Instead, it simply protects both your and your future spouse’s assets. Before a proposal, it is important to make sure you and your significant other are on the same page regarding finances.
States rule differently on who should get to keep the engagement ring in the event of a failed engagement or divorce. But, circumstances are different if a proposal falls on a holiday. The Washington Post explains that, “legally, an engagement ring is considered a “conditional gift” based on the marriage taking place and the ring goes back to the purchaser if the engagement is broken, regardless of who ends it. But rings given on Christmas, Valentine’s Day or birthdays are typically classified as more traditional gifts, and the majority of courts have allowed the receiver to keep it.” While this is not a very romantic aspect, it is something to consider when it comes to planning a proposal.
If you have any questions regarding the legal matters of a proposal, reach out to our firm to discuss.
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