When I received my engagement/wedding rings, I was TOLD that if we ever divorced that we would sell it and split the money. Married 5yrs-BS

Yoiur discussion is a bit vague on the details, but the law on the subject is that in the absence of an agreement to the contrary, an engagement ring is a conditional gift, completed upon marriage, and is the separate property of the recipient upon marriage.  For a complete discussion of the issue, see the article posted here. For information aboiut separation and property settlement agreements, see the discussion and information posted here.  Really, yoiu need a consultation with a family law specialist well-versed in these topics.  Please see our Consultation Policies, Procedures, and Costs page posted here, and call at your convenience to ask any preliminary questions or set a consultation appointment.