Divorce Finances – Cheryl Stein Law

24 May, 2017

The Nurse with a Purse and Sugar Daddy Dynamic

By Cheryl Stein| 2017-05-24T18:00:57+00:00 May 24th, 2017|Collaborative Divorce, Divorce Finances, Divorce Mediation Process|

The idea of a “sugar daddy” is very common and well-known: A “sugar daddy” is an older man who marries a younger woman and takes care of her. There is a similar, but lesser-known dynamic when the older marrying spouse is a woman. This dynamic has been referred to as the "nurse with a purse." In both cases, it’s equally important for the older spouse to obtain a Prenuptial Agreement. Often, the woman in the "nurse with a purse" situation is in (more...)

16 Mar, 2017

Adult Children of Gray Divorce

By Cheryl Stein| 2017-03-28T14:12:13+00:00 March 16th, 2017|Divorce and Children, Divorce Finances, Divorce Mediation Process|

There is a large demographic getting a lot of air time right now - those over 50 who are choosing to get divorced. Oftentimes, these couples have been married for many years, and now their youngest is about to go to college or move out of the house. Many of the couples in these “gray divorces” have successful and flourishing adult children, who escaped being in the midst of a contentious divorce or custody battle while they were growing up, only to (more...)

23 Feb, 2017

Should You Take Your Spouse to the Cleaners?

By Cheryl Stein| 2017-03-15T18:34:36+00:00 February 23rd, 2017|Collaborative Divorce, Divorce Finances, Divorce Mediation Process|

There is often a misconception that many divorcing parties want to milk their spouse dry, leaving them to be a homeless bum in a cardboard box on the street. The overwhelming majority of divorcing parties that I’ve encountered do not fall into this category; many are scared and just want to know that, at the end of the day, they'll get what they need. For those who DO want to milk their spouse dry, the law may not be in their favor. (more...)

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