Table of Contents - Continued 
PAGE 
VI THE SEARCH FOR A NEW MODEL 
A. Introduction ........ 
B. Philosophy ................ 
C. “Net Family Property” ..... 
D. Separate Property ...... 
1. Property Brought Into the Marriage .......... 
(a) Capital Gains . 
(b) Capital Losses 
(i) Overview . ..... 
(ii) Capital Losses 
(¢) NetWorth ...... B 
(d) Debts brought Into the Marriage ......... 
(e) Present Value .... 
(f) Interest ......... . 
Other Property To Which A Non-Owning Spouse 
Cannot Have Contributed 
(a) Gifts and Inheritances . 
(b) Income from a Gift or Inheritance .... 
{¢) Personal Injury Awards 
(d) Life Insurance Proceeds BN a. 
{e) Property Agreed to be Separate Property 
(ff Matrimonial Home ..... 
(g) Valuation ......... 
E. Manner of Division ..... 
F Discretionto Vary ............ 
«. Unconscionability ........... 
2. Gifts between Spouses ............ 
J. The Role of Agreements . ........... 
Period of Cohabitation ................ 
o. “Any Other Circumstance” ... 
6. Economic Conduct ..... 
7. Disclosure ............... 
G. Matrimonial Home ...... 
H. Summary 
Philosophy or Rationale for Division ......... 
The Philosophy Underlying the 
Family Relations Act ...... 
The Need to Clarify the Basis 
of Entitlement ..... 
Contribution .. 
The Role of Discretion to Vary 
Entitlement to Property 
{fi Family Law Committee ..... 
2. What Property Should be Divisible? 
E. The Need For Reform en 
FF An Alternative 
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hd 
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79 
0 
80 
82 
R4 
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86 
36 
18 
30 
31 
91 
91 
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101 
102 
103 
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109 
111)