L.A attorney and certified family law specialist David Glass told PEOPLE, 'The engagement ring pre-dates the marriage, and therefore is Jennifer’s separate property regardless of whether it is mentioned in the prenuptial agreement. As long as the parties get married, then the recipient keeps the engagement ring.'
Aniston previously told the New York Times that the huge diamond took some getting used to.
'It’s a rock, I know,' she said. 'He rocked it up.'
'It took me a while to get used to it. I’m not a diamond girl,' she added. 'I’m more Indian jewelry and stuff.'
The couple, who got engaged in 2012, announced their separation last Thursday. The couple had been married since 2015.
Glass adds, 'It’s likely that they had a prenuptial agreement that preserved the separate property value of any pre-existing, premarital assets and the increase in value of those assets.'
When it comes to the rest of their joint property, Glass says that the only items up for division would be things like joint bank accounts and any property they bought together.
'It is likely that because they are both high-income earners with their own careers that their prenup also protected earnings from during the marriage, as separate property,' he says. 'So with a prenup like that the only community property to be divided in the divorce would be things that were put into joint names, and those jointly-titled assets and joint accounts would be split on a 50/50 basis.'