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[quote=Anonymous][quote=Anonymous][quote=Anonymous]NP here, with a question about the trust -- if the ring loan is only for DH's lifetime, does that mean if he died while they were still married, the wife has to give back the ring then?  Even without a divorce?

Interesting concept, this loaning of family heirlooms.
- signed, none in my family ;)
[/quote]
Yes, that's what "for the life of the beneficiary" means. It would suck for her, but again it was never her ring to begin with. Next in line would get it.[/quote]

This is the point that all of the "she has to give it back immediately" posters are missing, I think.  If OP is correct, the husband has the right to possess the ring during his lifetime.  He is still alive.  He chose to give the ring as an engagement ring, subject to the conditions of the trust.  That means (I think) that the normal rules of engagement rings apply, subject to the overriding trust conditions.  She is not obligated to give it back to him simply because they divorce, but she is obligated to give it back to the trust upon his death.  Who cheated on whom doesn't matter.  Also, she can't sell it.  But if he wants it back immediately, she certainly can use it as a bargaining chip.  Whether she should or not is an entirely different question.

All of that said, I am not a T&E lawyer, so this could all be completely wrong.  Also, it's likely that OP hasn't provided a complete description of the trust provisions, and there could be something in there that addresses this situation.  [/quote]

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