Who Keeps the Engagement Ring? A Lesson In Gift Taxes

Cover art for the article, depicting an illustrated engagement ring with ornate borders and styling.

[sc_fs_multi_faq headline-0=”h2″ question-0=”1. If an engagement is broken before the wedding, who typically keeps the ring?” answer-0=”Traditionally, the ring is returned to the person who purchased it. However, the legal reality is more complex. Courts may view the ring in one of two ways: As a gift: Ownership transferred completely the moment it was given. … Read more

Lab Grown Diamonds Price Drop 2024

The Lab Grown Diamonds Price Drop is here. Have you noticed that it’s getting harder and harder to sell lab grown diamonds? This is a tale about how Lab Grown and Natural Diamonds hold their value

[sc_fs_multi_faq headline-0=”h2″ question-0=”Why have lab-grown diamond prices dropped so significantly in 2024?” answer-0=”The price drop—often exceeding 50% in the last year—is primarily driven by technological advancement and increased supply. Unlike natural diamonds, which are finite, lab diamonds are a product of technology grown using electricity (CVD or HPHT methods). As the technology becomes more efficient … Read more