Divorce clients frequently ask questions about their jewelry, such as: "Is the jewelry I inherited from my family my separate property?" or "Is my jewelry given to me by my husband my separate property?"
There is no special statute that discusses jewelry, or any other type of property. So it can be said that jewelry is subject to the same “rules” as everything else. That means the court (or the parties, before the issue gets to court) must “classify” all property as either marital or separate. Most property is acquired by the parties during the marriage, using income earned during the marriage. Thus, most property is marital. And marital property is usually divided between the parties “congruently” (meaning, roughly 50-50).
But the courts look differently on inherited assets, and on gifted assets like jewelry that are meant to be used and enjoyed by only one of the parties.