Who’s On Your Team? (And I’m not referring to the NFL Super Bowl)
By: Catherine Shanahan, CDFA
My Divorce Solution
The teams are set and the Super Bowl is a couple of weeks away! Are you wondering why your husband doesn’t spend as much time working on your relationship than he does watching his favorite football team?
January has been referred to as “the divorce month” for a few reasons and one may be the realization that he will never love you the way you need to be loved (or as much as he loves football).
Seriously ladies, if this month has your thoughts turning to the possibility of divorce, don’t try to do it alone – put together your own winning team! Here are some of the people that you should add to your roster.
- CDFA, Certified Divorce Financial Analyst.
As a CDFA, I have worked with hundreds of individuals helping them to understand and organize their assets so that they will have clarity when making financial decisions that will affect their future. Now, my business partner, Karen Chellew and I have developed the MDS Financial Portrait to help families nationally to ensure they make financially smart decisions before, during and after divorce by taking the emotions out of the decisions that need to be made.
- Financial Advisor.
A CDFA can help you with all of your financial information and a financial advisor will make some investment choices after your divorce is final.
- Accountant, or tax preparer.
It is important to have copies of your last three years’ tax returns and any business tax returns. If you have not been active with your accountant or if you do not have one, you can request copies from your local IRS office.
- Lawyer or Mediator.
If you are not sure you are ready, or do not know which to choose, invest in your MDS Financial Portrait first. Our clients tell us that obtaining this blueprint before seeing retaining an attorney or mediator saved them a lot of money.
Your MDS Financial Portrait can be shared by all parties on you team to ensure everyone is working with the same data throughout the whole process. It will also uncover what the appropriate representation may be for you and your spouse.
I am a firm believer that women need women and we all need at least one good girlfriend – but sometimes we need a neutral party to give us a clear perspective. Don’t be embarrassed or ashamed to find a good therapist.
OK, so it may seem odd that I’m suggesting this but I truly believe we need to give ourselves attention at times of stress – and more often than not that is the first thing overlooked. If you knew me, I would also add a manicure and pedicure!
So ladies, pick your favorite color, wear it on February 12 to a Super Bowl party or at home and get ready to start rooting for your own team! Once you empower yourself, your team is sure to win – not just this year but every year!
I’ll be wearing pink and I’m cheering for you!
Catherine Shanahan is Co–Founder of My Divorce Solution. With over 30 years of experience in the financial industry, Catherine serves My Divorce Solution Clients as a Certified Divorce Financial Analyst (CFDA) and trained mediator. A Professional Daily Money Manager, Catherine is also a former VP of the Bucks County Collaborative Law Group, American Association of Daily Money Managers, Institute for Divorce Financial Analysts (IDFA), National Association of Women Business Owners, advisory council of Support Pay,and the Association of Divorce Financial Planners.
As a mom of five and financial expert, Catherine’s experience with divorce left her wishing for better information, better resources, and a better process for the financial separation that comes with divorce. As a result, Catherine co–founded My Divorce Solution –the company she had needed in her divorce.
My Divorce Solution helps clients secure their worth and protect their wealth with the Divorce Financial Portrait. Our Divorce Preparation Platform is a data driven solution that connects your financial assets to the divorce legal system.
See what you can expect from your divorce with our Free Divorce Assessment.
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