Divorce & Taxes: Considerations Before You File

Tax season comes around fast, and for those navigating divorce, tax decisions can feel overwhelming. In this episode, Karen Chellew and Catherine Shanahan break down the key considerations you need to keep in mind when filing your taxes before, during, or after divorce.</p><br /></p>Key Takeaways:</p> ✔️ Filing Status Matters – Understanding the differences between filing jointly, married filing separately, head of household, and single.</p> ✔️ Accessing Tax Information – Why gathering tax documents early is crucial, especially if your spouse has handled finances.</p> ✔️ Negotiating Tax Savings – How tax benefits can be part of your divorce settlement strategy.</p> ✔️ Claiming Dependents – Why alternating years may not be the best financial choice.</p> ✔️ Alimony & Tax Law Changes – Understanding the post-2019 rules on taxable and deductible alimony.</p> ✔️ 401(k) Withdrawals & Hidden Tax Consequences – The impact of taking funds from retirement accounts.</p><br /></p>Knowledge is power. Before making any tax-related decisions, consult with a qualified accountant to ensure you’re making the best financial choices for your future.</p><br /></p> 📩 Have questions? Email us at Hello@Ck11.net</p><br /></p>Disclaimer: This podcast is for educational purposes only and should not be considered legal or financial advice. Please consult a professional for personalized guidance.</p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:21:30

Divorce Decoded: From Assets to the Courtroom with Bree Sullivan Howell, Esq.

Divorce is a life-changing legal and financial process, but understanding your rights and financial landscape can make all the difference. In this episode of <em>We Chat Divorce</em>, we sit down with top divorce attorney and award-winning author, Bree Sullivan Howell, Esq., to discuss financial clarity, courtroom strategies, and common pitfalls in divorce settlements.</p>Bree shares insights from her 20+ years as a family law attorney, along with personal experiences that shaped her mission to support divorcing individuals—especially Christian women navigating the complexities of divorce in faith-based communities.</p>Key Topics:</p>✅ The emotional and legal realities of divorce</p>✅ Why financial clarity is essential before negotiating assets</p>✅ Common mistakes in property division (and how to avoid them!)</p>✅ The two biggest pitfalls of dividing assets: Ownership & Obligation</p>✅ How alimony is determined and the misconceptions around financial need</p>✅ Hidden assets—where they may be lurking and how to uncover them</p>✅ Why an organized financial strategy strengthens your legal case</p>At <em>My Divorce Solution</em>, we believe knowledge is power in divorce. Our Divorce Financial Portrait™ helps you organize, analyze, and present your financial data so you (and your attorney) can confidently navigate asset division and settlement negotiations.</p>Connect with Bree Sullivan Howell, Esq.:</p>Law firm website: <a href="https://www.sullivan-firm.com/">https://www.sullivan-firm.com/</a> </p>Crush Your Divorce Book: <a href="https://www.crushyourdivorce.com/">https://www.crushyourdivorce.com/</a></p>Facebook: <a href="https://www.facebook.com/sullivanfirmllc/">https://www.facebook.com/sullivanfirmllc/</a> </p>Instagram: <a href="https://www.instagram.com/lawyerbree/">https://www.instagram.com/lawyerbree/</a> </p>Instagram: <a href="https://www.instagram.com/crushyourdivorce/">https://www.instagram.com/crushyourdivorce/</a> </p>LinkedIn: <a href="https://www.linkedin.com/in/bree-sullivan-howell-esq-63b31325/">https://www.linkedin.com/in/bree-sullivan-howell-esq-63b31325/</a> </p><br /></p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p><br /></p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:38:36

Divorce on Trial – The Industry Under Scrutiny

Divorce is already an emotionally charged and financially challenging process—but what happens when the industry itself makes things even harder? In this episode, Karen and Catherine pull back the curtain on the divorce process, shedding light on inefficiencies, costly mistakes, and systemic issues that can leave individuals feeling powerless.</p>They discuss why so many divorcing individuals struggle to obtain basic financial information, how the legal system treats divorce like any other civil litigation (even when it shouldn’t), and the hidden financial toll of unnecessary subpoenas, repetitive document reviews, and mismanaged mediation. More importantly, they share how to protect yourself, gain financial clarity, and avoid the common pitfalls of the divorce system.</p>Key Takeaways:</p><ul> <li>The Divorce Process is Broken: Many divorcing individuals enter mediation, hearings, or negotiations at a disadvantage due to missing or inaccessible financial data.</li> <li>Subpoena Shock: Subpoenas often fail to yield the necessary information, leading to wasted time and money.</li> <li>Mediation Misconceptions: Mediation is often framed as amicable, but in reality, many individuals feel pressured to settle—even when crucial financial details remain unresolved.</li> <li>Attorneys vs. Financial Experts: Attorneys play a critical role, but they are not financial experts. Many clients mistakenly expect financial guidance from their lawyers, only to realize too late that attorneys don’t provide that level of financial insight.</li> <li>Taking Back Control: The <em>MDS Financial Portrait™</em> is designed to equip individuals with financial clarity before they enter the legal system, reducing costly inefficiencies and empowering them to make informed decisions.</li> </ul><br /></p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:22:56

Parenting Plans and Finances: Building a Blueprint for Co-Parenting Success

Navigating co-parenting after divorce is challenging, especially when it comes to balancing custody, finances, and communication. In this episode of <em>We Chat Divorce</em>, we sit down with attorney Nicole Kobis to discuss how to create a strong parenting plan that prioritizes the well-being of children while maintaining financial stability. Nicole brings her legal expertise in family law, mediation, and parenting coordination to provide practical insights on how to set clear expectations, avoid common pitfalls, and ensure a fair and enforceable parenting agreement.</p>Catherine and Karen share their personal experiences with parenting after divorce, highlighting the importance of having a solid plan in place—even when things seem amicable. From custody schedules to extracurricular expenses, we discuss how to manage evolving family dynamics while keeping children’s best interests at the forefront.</p><strong>Key Topics Discussed:</strong></p>✅ Why every co-parenting arrangement should have a parenting plan—even in amicable divorces</p>✅ The essential components of a parenting agreement, including legal custody, time-sharing, holidays, and financial obligations</p>✅ The role of a parenting coordinator in high-conflict co-parenting situations</p>✅ How financial responsibilities, including child support and extracurricular expenses, impact parenting decisions</p>✅ The emotional challenges of adjusting to co-parenting and how to stay focused on what’s best for the children</p>✅ When and how to modify a parenting plan when life circumstances change</p><strong>Guest Spotlight: Nicole Kobis</strong></p>Nicole Kobis is a partner at Lindabury, McCormick, Estabrook & Cooper in Westfield, NJ, where she specializes in family law, including divorce, custody, and mediation. As a parenting coordinator, she helps parents implement and navigate parenting plans effectively. With a background in marketing and PR before transitioning into law, Nicole’s passion is helping families find practical, amicable solutions during the divorce process.</p><strong>Resources & Links:</strong></p>🔹 Learn more about Nicole’s firm:<a href="https://www.lindabury.com/"> </a><a href="https://www.lindabury.com/">Lindabury, McCormick, Estabrook & Cooper</a></p>🔹 Connect with Nicole: nkobis@lindabury.com</p>🔹 Have a topic you’d like us to cover? Email us at wechat@ck11.net</p><strong>Join the Conversation!</strong></p>If you found this episode helpful, please leave us a review and share it with others who might benefit. Let’s keep the conversation going—follow <em>We Chat Divorce</em> for more expert insights on navigating divorce with clarity and confidence.</p><br /></p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:37:51

Aiming for Financial Clarity: How To Secure Your Financial Independence in Divorce

Divorce isn’t just about ending a relationship—it’s about reclaiming your financial future. In this episode, we explore how to navigate the emotional and financial challenges of divorce while setting yourself up for long-term independence.</p><strong>What We Cover:</strong></p><ol> <li>The importance of assessing your financial position before making any major decisions</li> <li>How to understand and differentiate between assets & liabilities</li> <li>Why having an investment strategy during divorce is crucial</li> <li>The role of attorneys & financial professionals—and why you still need to take control</li> <li>How to avoid wasting money in the legal process by defining your “everything”</li> <li>Smart financial decisions to protect your future</li> <li>Reframing divorce as an opportunity for a financial reset</li> </ol>💘 This Valentine’s season, let Cupid’s arrow point toward <strong>financial clarity and self-love</strong>. Taking charge of your finances is the best gift you can give yourself.</p>Take our <strong>Free Financial Assessment</strong> to start your journey: https://mydivorcesolution.com/</p>✨ <strong>Stay Connected:</strong></p>📩 Have questions? Send us your questions, comments, show ideas to wechat@ck11.net</p>🎧 Subscribe for more financial divorce insights!</p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p><br /></p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:16:49

Second Chances: Navigating Love and Finances After Divorce

In this insightful episode, Karen and Catherine are joined by dating and relationship expert Bela Gandhi to explore the world of second chances in love and finances after divorce. Bela shares her expertise on how to approach dating with confidence, avoid common pitfalls, and prioritize emotional and financial well-being. Together, they discuss how to rebuild after divorce, recognize red flags in relationships, and navigate the financial implications of dating during and after divorce.</p>What You’ll Learn in This Episode:</p><ul> <li>Why second chances in love and finances are empowering after divorce.</li> <li>Common red flags to watch for in new relationships.</li> <li>The financial risks of dating during divorce and how to protect yourself.</li> <li>How Smart Dating Academy’s “pink sparkly bubble wrap” approach supports clients through dating.</li> <li>Why understanding your role in past relationships is key to finding a healthy partnership.</li> <li>How to set healthy dating boundaries and protect your financial information.</li> <li>Tips for safe and effective online dating.</li> <li>How optimism and self-reflection pave the way for successful relationships.</li> </ul>Subscribe to <em>We Chat Divorce</em> for expert advice on navigating divorce with clarity and confidence.</p>🎧 Available on Apple Podcasts, Spotify, YouTube or anywhere you listen to podcast</p>Bela’s Links</p><ul> <li><a href="https://calendly.com/url?q=https%3A%2F%2Fwww.smartdatingacademy.com%2F&user_uuid=DHEAKRU2DDDRQWIX&stage=1&hmac=7f546a09a085c53aba8b4730faa42f91286cc5720190d589bcfc1fd46347cf79">https://www.smartdatingacademy.com/</a></li> <li><a href="https://calendly.com/url?q=https%3A%2F%2Fwww.instagram.com%2Fsmartdatingacademy%2F&user_uuid=DHEAKRU2DDDRQWIX&stage=1&hmac=66dc3cfd72cdeaa4b6feb00b06cea62ec5588ffe7fc259788f6db8b9c3407b58">https://www.instagram.com/smartdatingacademy/</a></li> <li><a href="https://calendly.com/url?q=https%3A%2F%2Fwww.youtube.com%2Fuser%2Fsmartdatingacademy&user_uuid=DHEAKRU2DDDRQWIX&stage=1&hmac=12dbb71ac3252fc4c45fdefbc9e303cb14811445d8905876ab9992edcb4aecd4">https://www.youtube.com/user/smartdatingacademy</a></li> <li><a href="https://calendly.com/url?q=https%3A%2F%2Fwww.facebook.com%2Fsmartdatingacademy&user_uuid=DHEAKRU2DDDRQWIX&stage=1&hmac=efd23fe529f60c05adb2ab3d76ae559a5d68c21a057df84a59380dd30c0eeea4">https://www.facebook.com/smartdatingacademy</a></li> </ul>Subscribe & Listen on your favorite podcast streaming platform or watch the show on YouTube!</p>Follow Us:</p><ul> <li>Instagram: @mydivorcesolution</li> <li>Facebook: @mydivorcesolution</li> </ul>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p><br /></p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:35:15

Understanding Property Division: What’s Yours, Mine, and Ours?

<strong>Show Title: </strong>Understanding Property Division: What’s Yours, Mine, and Ours?</p>Property division is one of the most complex and emotionally charged aspects of divorce. In this episode of <em>We Chat Divorce</em>, Karen and Catherine break down the process of dividing assets to help listeners gain clarity and confidence. They explore the differences between community property and equitable distribution states, explain marital versus separate property, and provide tips for managing high-value assets like businesses, stock options, and retirement accounts.</p>Whether you’re struggling to define "yours, mine, and ours" or aiming for a fair division of assets, this episode offers practical insights into achieving financial clarity during divorce.</p>Key Topics:</p><ul> <li> <strong>Community Property vs. Equitable Distribution States</strong>: How laws affect asset division and the role of “just and fair” principles.</li> <li> <strong>Marital vs. Separate Property</strong>: Understanding the distinctions and how commingling can blur the lines.</li> <li> <strong>Complex Assets</strong>: Tips for managing businesses, stock options, and retirement accounts with clarity and proper documentation.</li> <li> <strong>Financial Preparation</strong>: Why being informed is critical before mediation or negotiations.</li> <li> <strong>Real-Life Stories</strong>: How the MDS Divorce Financial Portrait™ empowers clients with organization and clarity.</li> </ul>Key Takeaways:</p><ul> <li> <strong>Clarity is Key</strong>: Understand the knowns, unknowns, and the impact of financial decisions.</li> <li> <strong>Preparation Saves Time and Money</strong>: Being unprepared can lead to rushed and costly decisions.</li> <li> <strong>Healthy Conversations Matter</strong>: Open financial discussions (even prenups) strengthen relationships.</li> <li> <strong>Take Control</strong>: Tools like the Divorce Financial Portrait™ keep you organized and in charge.</li> </ul><br /></p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:19:22

Show Notes for "Breaking Up, Keeping the House: Divorce Mortgage Strategies"

In this episode of <em>We Chat Divorce</em>, Karen Chellew and Catherine Shanahan sit down with mortgage advisor Zach Taylor to tackle a significant topic for divorcing couples—navigating mortgage decisions during and after a divorce. From buying out a spouse to managing a marital home or rental property, Zach shares essential mortgage strategies to help you make informed financial decisions during this challenging transition.</p><h3>Episode Highlights</h3><ul> <li><strong>The Importance of Early Financial Planning</strong></li> <li>Zach emphasizes the value of reaching out to an experienced divorce mortgage advisor early in the process. Learn how a simple conversation can clarify your options for refinancing, mortgage assumptions, or buying a new home.</li> <li><strong>Key Tips for Mortgage Assumptions</strong></li> <li>Find out why timing and documentation are critical when exploring mortgage assumptions. Zach explains how to navigate the process with your loan servicer and what qualifications are necessary post-divorce.</li> <li><strong>Avoiding Costly Mistakes</strong></li> <li>Catherine and Karen discuss how the <em>Divorce Financial Portrait™</em> helps clients evaluate their financial options, ensuring they don’t negotiate away critical assets without understanding the full impact on their future.</li> <li><strong>Maintaining Financial Clarity</strong></li> <li>Zach shares actionable tips for managing support payments, running credit reports, and addressing joint debts. Learn how these steps can streamline the mortgage process and prevent delays.</li> <li><strong>Customized Mortgage Scenarios</strong></li> <li>Zach provides insights into tailoring mortgage strategies to your unique circumstances, offering worksheets to explore different financing scenarios and their impact on your post-divorce budget.</li> </ul><h3>Top Takeaways</h3><ol> <li> <strong>Plan Ahead:</strong> Engage with a divorce mortgage advisor early to explore your options before making critical decisions.</li> <li> <strong>Know Your Numbers:</strong> Understanding your post-divorce budget is crucial to determining whether you can afford to keep or refinance your home.</li> <li> <strong>Document Everything:</strong> Get written confirmations for approvals and ensure all financial agreements are clear and enforceable.</li> <li> <strong>Stay Consistent:</strong> Steady support payments are essential for mortgage qualification—avoid variances to prevent delays.</li> <li> <strong>Leverage Resources:</strong> Use tools like the <em>Divorce Financial Portrait™</em> to gain financial clarity and align your decisions with your long-term goals.</li> </ol><h3>Resources Mentioned in This Episode</h3><ul> <li> <a href="https://www.annualcreditreport.com">AnnualCreditReport.com</a>: Access your free credit report to identify joint debts, authorized users, and any discrepancies.</li> <li> <em>Divorce Financial Portrait™</em>: A comprehensive tool to prepare financially for your divorce journey. Learn more at<a href="https://www.mydivorcesolution.com"> </a><a href="https://www.mydivorcesolution.com">My Divorce Solution</a>.</li> <li> <a href="https://www.crosscountrymortgage.com">Zach Taylor’s Website</a>: Schedule a free 30-minute consultation with Zach to discuss your mortgage options.</li> </ul><h3>Connect with Zach Taylor</h3><ul> <li>Website:<a href="https://www.crosscountrymortgage.com"> </a><a href="https://www.crosscountrymortgage.com">CrossCountry Mortgage</a> </li> <li>Social Media: Search "Zach Mortgage" for reviews, insights, and resources.</li> <li>Phone: Zach is your go-to guy for direct conversations—reach out for personalized advice.</li> </ul><h3>Listener Questions</h3>Have questions about mortgages, divorce, or financial planning? Email us at wechat@ck11.net—we’d love to hear from you!</p><br /></p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:34:10

Divorce Explored: The Money Talk Before The Split

In this episode of <em>Divorce Explored</em>, Karen and Catherine discuss why having "The Money Talk" before separating is essential. They explain how premature financial decisions can harm future negotiations and why understanding your full financial picture is critical. This conversation aims to empower listeners to make informed decisions during divorce by fostering financial transparency and clarity.</p><strong>Key Topics:</strong></p><ul> <li><strong>Defining The Money Talk:</strong></li> <li class="ql-indent-1">It’s more than saying, "I want the house" or "I won’t touch your pension."</li> <li class="ql-indent-1">It’s about knowing and sharing verified financial documents, not just spreadsheets.</li> <li><strong>Avoid Premature Agreements:</strong></li> <li class="ql-indent-1">Why early asset division conversations can be risky.</li> <li class="ql-indent-1">The importance of understanding tax consequences before agreeing to asset splits.</li> <li><strong>Transparency is Key:</strong></li> <li class="ql-indent-1">Both parties need full access to financial information.</li> <li class="ql-indent-1">Being amicable means being open and honest about finances.</li> <li><strong>Legal vs. Financial Perspectives:</strong></li> <li class="ql-indent-1">Courts handle property division differently than a net worth statement.</li> <li class="ql-indent-1">Setting informal financial agreements without documentation can create future conflict.</li> <li><strong>Managing Expenses:</strong></li> <li class="ql-indent-1">Understanding and defending your expenses is critical.</li> <li class="ql-indent-1">Avoid making changes to your spending habits without proper documentation.</li> <li><strong>The Role of Professionals:</strong></li> <li class="ql-indent-1">Attorneys, financial planners, and accountants need to work together.</li> <li class="ql-indent-1">My Divorce Solution offers tools to bridge gaps between legal and financial support.</li> </ul><br /></p><strong>Subscribe & Review:</strong></p>If you found this episode helpful, subscribe and leave a review to support the show!</p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:15:10

Four Things You Should Know Before Hiring a Divorce Attorney

Welcome to We Chat Divorce! In this episode, Karen Chellew and Catherine Shanahan are joined by special guests Jamie Berger and Sarah Jacobs, co-founders of Jacobs Berger, LLC, a boutique divorce and family law firm in Morristown, New Jersey. Together, they discuss the four key things you should know before hiring a divorce attorney and how the legal process can better support divorcing families.</p><br /></p>What You’ll Learn in This Episode:</p><ol> <li>The Importance of Practicality in Legal Representation – How tailored, client-focused approaches can reduce stress and improve outcomes.</li> <li>The Value of a Strategic Partnership – Why it’s critical to work with an attorney who listens and collaborates to achieve your goals.</li> <li>Understanding the Role of a Consultation Retainer – How consultation retainers provide ongoing guidance without requiring full litigation representation.</li> <li>The Power of Collaboration with Other Professionals – From financial experts to mental health professionals, learn how integrating various specialists into your divorce process can create more sustainable and effective solutions.</li> </ol><br /></p>Key Insights:</p><ul> <li>Every divorce is unique, and your legal strategy should reflect your specific needs and goals.</li> <li>Rushing into decisions can lead to costly mistakes; taking time to prepare and get informed is crucial.</li> <li>Having a lawyer who respects and values your input fosters better communication and outcomes.</li> </ul><br /></p>Connect with Jamie and Sarah:</p>Website:<a href="https://www.jacobsberger.com"> jacobsberger.com</a></p>Facebook: @JacobsBergerLLC</p>Instagram: @JacobsBergerLLC</p><br /></p>Contact Us: Send your questions and comments to <a href="mailto:WeChat@ck11.net">WeChat@ck11.net</a> </p>Website: <a href="http://www.mydivorcesolution.com">www.MyDivorceSolution.com</a> </p>Facebook: @MyDivorceSolution</p>Instagram: @MyDivorceSolution</p>Disclaimer:</p>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.</p>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.</p>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.</p>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.</p>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.</p>If you would like to obtain a typed transcript of this podcast episode, please email us at hello@mydivorcesolution.com. Please be sure to include the episode name in the transcript email request. Thank you!</p><br /></p><br /></p> </p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>

00:39:08