In the wake of the news of Jennifer Aniston and Justin Theroux’s separation after two and a half years of marriage, the former couple now faces the unpleasant task of having to divide their assets and shared property. The most popular among which is Jennifer Aniston's $500,000 engagement ring.

However, according to reports from People, after Jennifer’s split with Justin, she is entitled to keep the eight-carat diamond ring for herself. 

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Jennifer Aniston launches Living Proof Good Hair Day Web Series at The Royalton Hotel on May 8, 2013 in New York City. (Photo by Jamie McCarthy/Getty Images for Living Proof)

“The engagement ring pre-dates the marriage, and therefore is Jennifer’s separate property regardless of whether it is mentioned in the prenuptial agreement,” says L.A.-based attorney and certified family law specialist David Glass, who’s not involved with Aniston and Theroux’s split. “As long as the parties get married, then the recipient keeps the engagement ring.”

Aniston had previously told the New York Times that the huge diamond sparkler, estimated at around eight carats, took some getting used to.

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Actress Jennifer Aniston (clutch detail) arrives at the Oscars at Hollywood & Highland Center on February 24, 2013 in Hollywood, California. (Photo by Jason Merritt/Getty Images

“It’s a rock, I know,” she admitted. “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.”

Justin, 46, proposed Aniston with the huge diamond sparkler after more than a year of dating, on August 10, 2012, which is also his own birthday. She was pictured wearing it nearly two months later on the set of We're The Millers.

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Actors Jennifer Aniston (L) and Justin Theroux pose backstage during the 89th Annual Academy Awards at Hollywood & Highland Center on February 26, 2017 in Hollywood, California. (Photo by Christopher Polk/Getty Images)

Apart from the diamond ring, the former couple is believed to have kept their properties under their own names. David Glass further revealed that since Jen and Justin have kept their properties, which include Jen’s L.A. estate ($21 million) and Justin’s NYC apartment, under their own name, the only property which is going to be divided will be the property or assets that they bought under their joint names.

“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,” added Glass, who is not involved with Jennifer and Justin’s official separation.

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