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Important lessons from high profile divorces

On Behalf of | Jun 22, 2021 | Family Law & Divorce |

While high profile divorces in the news, such as the Bill and Melinda Gates announcement in May of 2021, might seem far removed from the lives of most people, they do impart some valuable lessons. The first, of course, is that it can happen to anyone.

The second is that both men and women should constantly take stock of their lives and prepare for the possibility of change.

The importance of retaining a separate identity

While it can seem comforting to some to embrace the identity of a married person, the U.S. News Mail cautions that this can come at a cost. This is even more true for a person in the business world, who hopes to move on to a promising career after a divorce. Those previously married to a dynamic personality can find it hard to step out of the shadows.

To avoid this, both men and women should look to leave their mark even while in a marriage. This allows a person to build a positive brand and to develop relationships. If the marriage does end, each person will have a solid reputation to build on.

The value of a financial education

While this is often seen as more of an issue for women than for men, it is still important that each party understands the basics of finances. The aftermath of a divorce often results in some financial turmoil.  For a person who paid little attention to financial details, the situation becomes frightening very quickly. For those who need to learn quickly, working with a financial coach or advisor is often a positive step. In marriage and divorce, personal growth remains the best preparation for life.