Luxury items raise practical questions: who owns them, what they are worth, and who should keep them. We help you answer those questions with documentation and, when needed, qualified appraisers.
Common issues
- Marital or not? Gifts between spouses during the marriage are often treated as marital property, while gifts from third parties and items owned before the marriage may not be. Records of purchase and gift help.
- Valuation. Fair market value can differ significantly from insurance replacement value. Specialized appraisers may be needed for fine art, jewelry or collectible vehicles.
- Location and protection. Items can be moved, sold or damaged during a divorce. We can ask that they be inventoried and preserved.
- Sentimental value. Heirlooms and personal items often matter more than their price, and creative trades can help each spouse keep what matters most.
Common questions about luxury assets
Is my engagement ring marital property?
An engagement ring given before the marriage is often treated as the recipient's separate property, but the answer can depend on the facts.
What if my spouse sold or hid items?
If valuable items disappeared during the marriage or the divorce, the court may consider that when dividing the remaining property.