From history-of-fashion.tumblr.com/page/11. Also posted to The Late Farthingale Era - 1590 to 1620 Album here.
I cannot tell if Ms. Morgan wears a partlet or is showing off. The bodice uses gold chain vees for emphasis.
Keywords: Morgan family, straight coiffure, jeweled cap, partlet, lace floating ruff, fitted bodice, vee décolletage, jeweled lace-trimmed collar, tabbed hanging sleeves, full paned false sleeves, lining, back-flared cuffs, lace back-flared cuffs, bracelets, girdle, vee waistline, farthingale, under-skirt, fan