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Round Table China

What's the return policy for exes?

Jan 18, 2024
Relationship expert Heyang, financial advisor Li Yi, and legal expert Josh Cotterill discuss returning money and expensive gifts to an ex after a breakup. They explore a court ruling on repayment in romantic relationships, the challenges of valuing gifts and possessions, and the legal, emotional, and moral perspectives of returning gifts. They also delve into the complexity of asset division, intent, and emotional value in breakups.
25:49

Podcast summary created with Snipd AI

Quick takeaways

  • Determining intent in gift giving during relationships is complex and challenging, requiring early conversations and potentially contracts for clarity.
  • Splitting finances and returning expensive gifts after a breakup should consider moral obligations and individual circumstances, beyond legalities.

Deep dives

Summary of the Court Ruling on Financial Disputes after Breakups

In a recent court ruling, the judge determined that larger sums of financial transactions should be returned to the plaintiff while smaller amounts can be kept by the defendant. The case involved a person suing their former partner for the return of over 450,000 yuan (approximately $63,000 USD) that was claimed to be a private loan made during their relationship. The court ruled that the 400,000 yuan constituted a private loan, and the defendant was directed to repay this amount. However, the judge considered transactions like smaller funds transferred via VChat with special numbers as simple gifts and not subject to return. The ruling is based on the length of the relationship and the purpose of the transactions.

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