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WHAT’S A WOMAN WORTH?

WHAT’S A WOMAN WORTH?. Ruth Deech Gresham Professor of Law. Mills-McCartney. £28m for a 3-year marriage £35K for Beatrice £50K pa for charitable donations. Charman v Charman. £48m, 28 year marriage to an insurance broker, no outside employment. Mrs Miller & Mrs McFarlane.

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WHAT’S A WOMAN WORTH?

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  1. WHAT’S A WOMAN WORTH? Ruth Deech Gresham Professor of Law

  2. Mills-McCartney • £28m for a 3-year marriage • £35K for Beatrice • £50K pa for charitable donations

  3. Charman v Charman • £48m, 28 year marriage to an insurance broker, no outside employment

  4. Mrs Miller & Mrs McFarlane • Mrs Miller - £5m after a 3-year marriage • Mrs McFarlane - £250K pa for life

  5. Judicial discretion • Judges mean to be generous and fair but have departed from the statutory principles • Discretion is expensive because unpredictable

  6. Three sisters

  7. The Legislation • Matrimonial Causes Act 1973 • Inheritance (Provision for Family and Dependants) Act 1975 • The Law Commission proposals: Cohabitation: the Financial Consequences of Relationship Breakdown – remedies for couples with children or who have lived together for 2 years

  8. Why cohabit? • One refuses to marry • Previous bad experience with divorce • Trial to see if marriage right • Reject marriage on ideological grounds

  9. More law is a bad idea • Expensive • How to determine worthy relationships? • Put men off commitment • Gold diggers’ charter • Freedom of choice

  10. Independent arrangements • Prenuptial and cohabitation contracts should be recognised • Make joint wills, put property in joint ownership • Community of property – equal division of marital acquests

  11. This lecture will be available to download from our website shortlywww.gresham.ac.uk

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