Is it Necessary to Sell Your Wedding Ring During Divorce?

By Gerald A. Maggio, Esq.

Orange County divorce mediation attorney; California Divorce MediatorsYour marriage has finally ended and your former spouse is no longer staying with you. Is this the time for you to dispose of your wedding ring by selling it off? Or do you want to postpone the selling process for some more time? In case your divorce is yet to be finalized, you may give some serious thoughts over considering selling your wedding ring either now or later. This is because re-purposing or selling the wedding ring may free you from your unpleasant and negative memories.

You may sell the ring due to financial reasons

Divorce can be quite an expensive process. Very few people will deny the fact that it can be a big financial burden due to costs related to the distribution of assets, legal fees, tax consequences and much more. When you are going through a great mental agony, handing such financial strains can be quite overwhelming. It is crucial to find fresh sources of income so that such a pressure can be alleviated.

In this context, it is important to note that at this juncture of your life, a precious yet least important possession will be your wedding ring as well as the engagement ring set. Since your relationship has ended, selling these rings to gather funds for meeting your divorce expenses could be a financially smart move on your part. Not only will such a step be helpful to financially improve your future, it will also enable you to sever your past ties. Selling your wedding ring need not essentially be a drawn out or tough process.

Emotional advantages of selling a wedding ring

It is not an easy job to bounce back from your broken marriage at any age. This is true for both men as well as women. After all, both the parties have to deal with varying emotions.  One may start missing his or her former spouse and wonder if the decision to split was the right one to do or not. Alternatively, you may be still full of anger and disillusionment and accuse your ex of whatever happened. Such powerful emotions related to the past can have an adverse effect on your peace of mind and health.

In order to start your life fresh after the divorce, you have to control your emotions and give yourself another opportunity to experience new and positive emotions. One way to get hold of your emotions is to dispose of your wedding ring.

To learn more about the divorce process in California and how mediation can help, please visit our page, What is Divorce Mediation