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Ruth Deech Gresham Professor of Law

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Presentation on theme: "Ruth Deech Gresham Professor of Law"— Presentation transcript:

1 Ruth Deech Gresham Professor of Law
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 shortly www.gresham.ac.uk


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