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Ruth Deech Gresham Professor of Law
WHAT’S A WOMAN WORTH? Ruth Deech Gresham Professor of Law
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Mills-McCartney £28m for a 3-year marriage £35K for Beatrice
£50K pa for charitable donations
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Charman v Charman £48m, 28 year marriage to an insurance broker, no outside employment
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Mrs Miller & Mrs McFarlane
Mrs Miller - £5m after a 3-year marriage Mrs McFarlane - £250K pa for life
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Judicial discretion Judges mean to be generous and fair but have departed from the statutory principles Discretion is expensive because unpredictable
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Three sisters
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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
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Why cohabit? One refuses to marry Previous bad experience with divorce
Trial to see if marriage right Reject marriage on ideological grounds
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More law is a bad idea Expensive
How to determine worthy relationships? Put men off commitment Gold diggers’ charter Freedom of choice
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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
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This lecture will be available to download from our website shortly www.gresham.ac.uk
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