168. Mediation Mistakes That Can Cost You Thousands | Divorce Financial Clarity Explained

Thinking about divorce mediation? Before you walk into the room, ask yourself one question: What exactly are you mediating if you don’t even know what you have? In this episode of Divorce Explored, Karen Chellew (Legal Liaison) and Catherine Shanahan, CDFA® (Certified Divorce Financial Analyst) from My Divorce Solution reveal the most common — and most costly — mistake they see every week: people going into mediation without complete, verified financial information. They’ll show you why financial clarity is the strategy, and why mediation is just a tool. What You’ll Learn:

• Why “just mediating to get it over with” can cost you thousands later
• The real difference between asset division and spousal support
• How a “55/45 split” can be misleading (and not actually in your favor)
• How to avoid the pressure of signing after 10+ hours at the table
• When to say “I’m not ready” — and why that’s your legal right
• How the MDS Financial Portrait™ prepares you for mediation with facts, not fear.

Before You Mediate:

• Verify all assets and debts (not just what someone says out loud)
• Confirm income for both parties
• Know your realistic support range
• Review property division scenarios
• Identify your non-negotiables
• Get your MDS Financial Portrait™ to organize it all

About My Divorce Solution: Founded by Karen Chellew and Catherine Shanahan, CDFA®, My Divorce Solution has helped over 15,000 families navigate divorce with financial confidence and clarity, saving over $1M in legal costs using their signature process — the MDS Financial Portrait™

Start with their free Financial Assessment, then get your verified Financial Portrait™ to walk into mediation empowered, informed, and prepared.

🌐 Website: https://mydivorcesolution.com

👥 Join our free Divorce support community: https://community.mydivorcesolution.com/

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