Jazmin Grace Grimaldi - Status

Status

Out-of-wedlock children are not in the line of succession to the Monegasque throne according to Article 10 of the Constitution of Monaco, as amended 2 April 2002 by law n°1.249, which specifies that only "direct and legitimate" descendants of Monaco's monarch (or of the monarch's siblings) may inherit the throne. Article 227 of the Mongegasque Civil Code provides that when the parents of a (non-adulterine) child marry, the child is legitimized ipso facto (as happened in 1995 when Princess Stéphanie of Monaco married the father of two of her children. Even though the couple later divorced, the children are deemed to have succession rights). If Albert dies without leaving a child by his wife, the heiress presumptive Caroline, Princess of Hanover, is in line to inherit the throne following her brother. She has four children, Andrea, Pierre, Charlotte and Princess Alexandra of Hanover who are all eligible to inherit the throne after her.

On 26 October 2006, Albert II gave an interview to US television personality Larry King. Albert said his children are not in line for the Monegasque throne but that they would be taken care of financially. They are also heirs to Prince Albert's personal fortune, estimated at more than one billion dollars. Due to the accession of Monaco to the Council of Europe on 5 October 2004, the European Convention on Human Rights regulates inheritance rights, in addition to the laws of Monaco, which also guarantees familial inheritance for children born out of wedlock.

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Famous quotes containing the word status:

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    Anthropologists have found that around the world whatever is considered “men’s work” is almost universally given higher status than “women’s work.” If in one culture it is men who build houses and women who make baskets, then that culture will see house-building as more important. In another culture, perhaps right next door, the reverse may be true, and basket- weaving will have higher social status than house-building.
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