In this episode of My Divorce Solution, Karen and Catherine dive into a recent article published
by MSN and Money Talks News, titled, “Seven Things to Do ASAP When Your Spouse Wants
a Divorce.” Together, they unpack each recommendation, offering valuable insights and
alternative approaches based on their own expertise in legal and financial guidance through the
divorce process.
From understanding why hiring an attorney shouldn’t always be the first step to protecting your
financial future with proper preparation, Karen and Catherine offer actionable advice to help you
navigate this difficult time with confidence and clarity. They also cover essential topics like
reviewing your credit report, managing joint accounts, keeping the divorce process amicable,
and communicating with your children during this challenging transition.
Topics Covered:
● Why hiring an attorney may not be the first step you need to take
● The importance of reviewing your credit report and financial accounts
● How to protect your savings and prevent unnecessary financial strain
● The power of keeping things amicable during divorce
● Why picking your battles is key to a smooth transition
● How to effectively communicate with your children about divorce
● The value of MDS’s Financial Portrait in preparing for divorce
Key Takeaways:
1. Financial Preparation: Know your assets and debts before you even think about hiring
an attorney.
2. Keep Things Friendly: Avoid jumping into aggressive actions like closing joint accounts
too early.
3. Talk to Your Children: Make sure both parents are on the same page before discussing
the divorce with your kids.
4. Credit Awareness: Check your credit report—don’t just rely on your credit score.
5. Avoid Premature Negotiations: Don’t negotiate away important assets without knowing
the full financial picture.
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Disclaimer:
The information provided in this podcast is for educational and informational purposes only and
should not be considered financial or legal advice. Please consult with professionals in the
relevant fields for personalized guidance.
The WeChat Divorce podcast (hereinafter referred to as the “WCD”) represents the opinions of
Catherine Shanahan, Karen Chellew, and their guests to the show. WCD should not be
considered professional or legal advice. The content here is for informational purposes only.
Views and opinions expressed on WCD are our own and do not represent that of our places of
work.
WCD should not be used in any legal capacity whatsoever. Listeners should contact their
attorney to obtain advice with respect to any particular legal matter. No listener should act or
refrain from acting on the basis of information on WCD without first seeking legal advice from
counsel in the relevant jurisdiction. No guarantee is given regarding the accuracy of any
statements or opinions made on WCD.
Unless specifically stated otherwise, Catherine Shanahan and Karen Chellew do not endorse,
approve, recommend, or certify any information, product, process, service, or organization
presented or mentioned on WCD, and information from this podcast should not be referenced in
any way to imply such approval or endorsement. The third-party materials or content of any
third-party site referenced on WCD do not necessarily reflect the opinions, standards or policies
of Catherine Shanahan or Karen Chellew.
WCD, CATHERINE SHANAHAN, AND KAREN CHELLEW EXPRESSLY DISCLAIM ANY AND
ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL,
CONSEQUENTIAL, OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL’S USE OF,
REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE
INFORMATION PRESENTED IN THIS PODCAST.
If you would like to obtain a typed transcript of this podcast episode, please email us at
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email request. Thank you!
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