It depends on whether the grandmother is living, and if not, whether she had a will, and if so, who she left the ring to. Her promise to give it to her granddaughter does not give the granddaughter a legal right to the ring. However, if she is alive, it is her to give it to whomever she wishes. If she is dead, and the grandfather inherited it (which is likely), the grandfather can give it to whomever he pleases (provided he has the mental capacity to conduct business). If he gave it to your husband (you say use it, which is not the same as a gift), it becomes his property, then yours when he give it to you. Legally, it may very well be yours. However, if you want a happy marriage and good relations with your husband's family, you should be gracious and let the sister have it.
Answered on Apr 02nd, 2013 at 5:04 AM