Episode 180: Financial Clarity and Your Divorce with Karen and Catherine, Founders of My Divorce Solution

The Divorce Survival Guide Podcast

Kate Anthony

Education, Self-improvement, Relationships, Society & Culture

4.4 • 574 Ratings

🗓️ 12 August 2022

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week we're talking about marital finances, divorce, and how gaining clarity around your finances can help inform your decision about whether you should stay or go. Karen Chellew and Catherine Shanahan, founders of My Divorce Solution, join me to share some of the processes they utilize when working with clients to help them protect and secure their financial future in divorce.

Karen and Catherine combine their legal and financial expertise to provide unparalleled financial clarity and divorce preparation – resulting in easier, faster, and less expensive divorces. Our hope is that through listening to this conversation you will have more power, more knowledge, and clarity about finances and divorce.

"Everybody is entitled to financial clarity." Catherine Shanahan

"If you decide to stay after working through your marital finances,
you will be a different partner going forward." Karen Chellew

Show Highlights

My Divorce Solution: what it is and why Karen and Catherine created it (3:51)
What to say if you are trying to get financial information from a bank or accountant who is refusing to give it without your soon-to-be-ex's consent (10:06)
Do you need a CFDA or resource such as My Divorce Solution if your finances are not high-net-worth? The short answer: Yes. (20:37)
How working with a financial advisor or analyst can help inform your decision about whether or not you should get a divorce (27:31)
If you are working with a financial analyst, you are not committing to a divorce. You are learning
What can be the most difficult thing about working through your marital finances? (36:00)
An important reminder to women about finances and worth: you are worth it! (43:30)

Learn more about Karen Chellew and Catherine Shanahan:

Karen Chellew, Legal Liaison: For over 30 years, Karen has worked in the legal field as a paralegal and business manager. During her career, she served as an affiliated member of the Pennsylvania Bar Association and as President-Elect of the ALA (Association of Legal Administrators). Karen now serves clients and the professional team in her role as legal liaison. She is also a certified QDRO Administrator, Founder and President of Sisters U Foundation, and an Auditor of East Rockhill Township. As the mom of three children and two granddaughters, Karen is extremely passionate about helping women in all that she does.

Catherine Shanahan, CDFA: After 25 years in the financial industry, having raised five children and endured her own experience with divorce, Catherine became a Certified Divorce Financial Analyst (CDFA) and trained mediator. A Professional Daily Money Manager (PDMM), Catherine is also a member of the Bucks County Collaborative Law Group, American Association of Daily Money Managers (AADMM) the Institute for Divorce Financial Analysts, and the Association of Divorce Financial Planners (ADFP).

Resources & Links:
Information and links may also be found at: https://kateanthony.com/podcast/financial-clarity-and-your-divorce/

My Divorce Solution
My Divorce Solution on Instagram
My Divorce Solution on Twitter
My Divorce Solution on Facebook
My Divorce Solution on LinkedIn
We Chat Divorce by My Divorce Solution on YouTube
We Chat Divorce Podcast
DSG Listeners - Get 30 Days Free on My Divorce Solution's Online Divorce Course
Get a free quote for your financial portrait from My Divorce Solution

TODAY'S EPISODE IS SPONSORED BY:
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JOIN THE SHOULD I STAY OR SHOULD I GO FACEBOOK GROUP

Transcript

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0:00.0	Welcome to the Divorce Survival Guide podcast, where we have open and honest conversations about co-parenting, separation, divorce, and the hardest question of all, should you stay or should you go.
0:17.8	I'm Kate Anthony, your divorce survival guide, and I'm here to help you navigate some of
0:23.3	the roughest waters you've ever swum in and answer some of your toughest questions. I've been to
0:29.1	hell and back, and now it's my mission in life to help you get to the other side of this process
0:35.1	with your sanity and your heart intact.
0:42.8	Hey everyone. Welcome back. It is almost halfway through August. Can you believe it?
0:51.3	Holy shit. I don't know about you guys, but here in Southern California, our kids go back
0:57.8	to school ridiculously early. So my son is starting school next week, which it feels inhumane.
1:06.5	I'm still of the mind that children should not go back to school until after Labor Day.
1:11.2	And yet, here we are.
1:13.1	Nobody gives a shit what I think.
1:16.7	Anyway, I hope you've been having an amazing summer.
1:19.3	I have been writing my book, which is coming along.
1:23.9	It's really hard, you guys.
1:25.5	Writing a book is so hard.
1:27.1	Oh, my God. Everyone says that, and I was like, yeah, okay. Oh, God. It's awful. So it's coming along. I think most of you know that I took time off so that I could really focus on it. So I'm really glad I did that because I really don't know how else I could have done
1:45.2	this. So today on the podcast, I have with me, Karen and Catherine, founders of my divorce solution.
1:57.6	Karen Chaloo and Catherine Shanahan. They are, they combine their legal and financial expertise
2:06.9	to provide unparalleled financial clarity and divorce preparation. The platform that they've
2:16.0	created in my divorce solution, I think, is so cool.
2:20.6	I think everyone should use it in some way or another.
2:24.9	They really create an easier, faster, and less expensive divorce.
	...

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