A trust created to allow one spouse to transfer, during life or upon death, an unlimited amount of property to his/her spouse without incurring gift or estate tax. A trust into which one spouse deposits assets that transfer to the other spouse at some point in the future or upon the first spouse's death.
1 On average, the engagement ring cost can be anywhere from as little as $200 to as much as $20,000+. 2  Like any jewelry available out there, the sky is the limit. 3  A quarter carat or less set in a diamond can cost anywhere from $100 to $600. 4  A half carat diamond can cost anywhere from $500 to $1,100.
So a $10,000 engagement ring would cost between $100 and $200 per year. These prices change significantly based on location (in Washington, DC, for example, it would cost $105 per year to insure a ring of that price, but in Los Angeles, the same ring would cost $200 per year to insure).