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.
The best way to answer this question is to look at how much people spend on average on their engagement rings as compared to their wedding bands. The national average cost for an engagement ring was $5,855 in 2014. The national average cost for wedding bands were a little different, in that couples spent an average of $1,417 on the bride's band and an average of $558 on the groom's band, which adds up to an average of $1,975 for both of the wedding bands. So, if you go by the national average cost of wedding bands and engagement rings, you can expect to spend about 33.7% (or just about 1/3) of what you spent on your engagement ring on your wedding bands.