185. Real Estate in Divorce: Selling, Buying, and Financial Risks - Part 2 of 2

Real Estate in Divorce: Selling, Buying, and Financial Risks Hosts: Karen Chellew, Legal Liaison & Co-Founder, My Divorce Solution Catherine Shanahan, CDFA & Co-Founder, My Divorce Solution In Part 2 of this conversation on real estate and divorce, Karen and Catherine focus on what happens when real decisions are made—buying property, selling the marital home, or dividing proceeds. While these steps may feel like progress during a difficult time, they can create unexpected financial risks if the details aren’t fully understood. Through real client scenarios, they explain why clauses written into real estate contracts may not actually protect you in divorce and why agreements like indemnification don’t always provide the security people expect. Risks of buying property before your divorce is finalized Why realtor clauses may not protect you in a divorce Key considerations when selling the marital home Why splitting proceeds too early can create problems The limits of indemnification in divorce agreements Real estate decisions during divorce aren’t just legal or emotional—they’re financial risk decisions. Before buying, selling, or signing anything, it’s important to understand ownership, liability, and how the transaction could impact your final settlement. If you want verified numbers and a clear strategy before negotiating property division, learn more about the MDS Divorce Financial Portrait™ at:MyDivorceSolution.com Part 1 of this episode covers the foundational concepts behind real estate in divorce, including the difference between the deed, mortgage, and promissory note, and why understanding those documents matters before making any decisions. Episode OverviewWhat You’ll LearnKey TakeawayResourcesListen to Part 1 Learn more about your ad choices. Visit megaphone.fm/adchoices