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New York man's texts cost him over $50,000

A New York restaurateur might want to rethink his texting patterns. After sending a break-up text to his fiancee of 14 months when she refused to sign a prenuptial agreement, she incredulously texted him back with the message, "Your (sic) doing this through a text message???"

While it might certainly be considered bad form to end an engagement so abruptly via text messaging, the man's next text proved to be a costly one: "Plus you get a $50,000 parting ring. Enough for a down payment on a house." Those very words would come back to haunt him after he sued the New York nail technician to return the 2.97-carat diamond ring in a white gold setting that was worth $53,000.

As state law usually is on the side of the one who gives the ring, the man tried valiantly to convince the judge that the woman either owed him the ring or its fair market value. But his own words convinced the New York Supreme Court judge that the ring should be considered a "parting gift" and that it no longer served as part of a marital contract between the parties.

Hopefully, the man is wiser now from the rather expensive experience. It is important to realize that your words carry weight and can have far-reaching implications that can affect you legally and financially.

A skilled New York attorney can be invaluable at protecting your assets in the event of a divorce by drawing up a prenuptial agreement or even a post-nuptial agreement. While it may not be the most romantic topic to discuss, it is important to ensure your assets are protected.

Source: NBC New York, "Judge: Ex-Fiancee Can Keep $53K Diamond Ring" No author given, Apr. 07, 2014

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