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gifts of jewellery from ex

  • Alaska1954
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04 Feb 21 #515636 by Alaska1954
Topic started by Alaska1954
I have a question regarding jewellery gifted from one spouse to the other - would this be classed as marital or non-marital assets please? collectively the jewellery would total around £3k, individual items nothing over £500.

Many thanks in advance

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04 Feb 21 #515653 by WYSPECIAL
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Are those figures what it would cost to buy or what you could realistically expect to receive if you sold it on?

Given that no item is worth more than £500 unless it is the only asset it’s unlikely to be of any interest to the courts

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04 Feb 21 #515654 by Alaska1954
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Thank you for your response; I would say the figures are what one could reasonably expect to achieve by selling. Not likely to be of interest then as property and pension are considerably more.

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05 Feb 21 - 05 Feb 21 #515663 by wikivorce team
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They are probably classed as marital assets but as Wyspecial says the court process will focus on the big ticket items like property and pensions. Your collection of lower value items (like this jewellery and house contents e.g. TVs, sofa, fridges etc tend to get bundled into a class of 'Other Possessions' which are called 'Chattels').

Whereas the big ticket items are deliberated on by the court - they tend to leave the division of Chattels to the two parties - as its simply not worth the court's time to have a judge sit there deciding who gets the sofa and who gets the Dyson.

You can still factor them into your thinking and talk about them during your negotiations with the other party. So they are still part of the overall fair division.
Last edit: 05 Feb 21 by wikivorce team.

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05 Feb 21 #515665 by Alaska1954
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Many thanks for your thoughts - that is also how I understand matters to sit; my friend is vectoring in these 'thoughts'......appreciate your time yet again.....

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