Before You Call a Divorce Attorney: Financial Preparation with Karen Chellew & Catherine Shanahan on Divorce & Beyond #409

Divorce season is in full swing, and for many listeners, that means overwhelm, fear, and financial uncertainty. Susan Guthrie welcomes back two of her favorite returning experts, Karen Chellew and Catherine Shanahan of My Divorce Solution, to talk about what truly matters in the earliest days of divorce: financial clarity before legal action. Divorce may be a legal process, but in the beginning, it feels emotional and financial. Fear can drive rushed decisions. Anger can fuel unnecessary conflict. And too often, people hire attorneys before they understand what they actually own, owe, or need. Karen and Catherine specialize in helping individuals slow down, gather the facts, and understand what is truly in the marital “pie” before anyone starts slicing it up. Through their structured preparation platform and signature MDS Financial Portrait™, they help people turn panic into power and confusion into confidence. This conversation is about avoiding early mistakes, preventing unnecessary legal costs, and building a foundation that supports smart, informed decisions from day one. What You’ll Learn Why divorce should often begin with financial clarity, not immediate legal actionHow emotional agreements like “you keep the house, I’ll keep my retirement” can create long-term financial damageWhat really happens when couples rely on spreadsheets without full documentationThe difference between financial literacy and financial empowerment during divorceHow understanding the financial impact of decisions allows you to pivot confidently during negotiationsWhy assembling the right professional team depends on first understanding the complexity of your financial picture About the Guests 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), trained Mediator and Daily Money Manager(PDMM). Catherine is collaboratively trained and was a member of the Bucks County Collaborative Law Group. She is a member of the American Association of Daily Money Managers (AADMM) the Institute for Divorce Financial Analysts, and the Association of Divorce Financial Planners (ADFP). Catherine is fully dedicated to helping clients understand and navigate all aspects of divorce including planning a secure financial future post-divorce. 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 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 one granddaughter, Karen is extremely passionate about helping women in all that she does. My Divorce Solution Through their professional and personal experiences, Karen Chellew and Catherine Shanahan have created a unique and comprehensive process that greets divorce in a whole new way – a way that empowers those who experience this major life transition. Our mission is simple: to help people move through the divorce process with financial clarity and confidence so they can make the rest of their lives the best of their lives. The MDS Financial Portrait™ is a compilation of data and financial records utilizing the family’s key and supporting documentation. The MDS Financial Portrait provides a clear neutral snapshot of the family’s marital and non-marital estate for purposes of determining alimony, child support, and the division of assets and liabilities. This comprehensive Portrait can then be used by divorce professionals as verification of marital/non-marital assets, and the blueprint when considering various scenarios, alternatives and the resulting implications of any financial decisions. Our services, specialties and certifications help individuals and couples develop a transparent and comprehensive financial plan that will optimize the outcome of their divorce. We meet with couples in our virtual office so we can assist you no matter where you live! Connect with Karen and Catherine of My Divorce Solution Website: http://mydivorcesolution.com Instagram: https://www.instagram.com/mydivorcesolution Podcast: https://mydivorcesolution.com/we-chat-divorce-podcast/ Make the Most of Your Listening Experience: If this episode resonates with you, be sure to: Subscribe to Divorce & Beyond so you never miss an episode.Share this episode with friends or loved ones who need hope and healing.Leave a 5-star review to help us reach even more listeners. Follow Us Online: Divorce & Beyond: https://divorceandbeyondpod.com,IG: @divorceandbeyondpod Meet Our Host Susan E. Guthrie®, Esq. is one of the nation’s ...