“I’m getting a divorce.” When one hears that statement, the first thought that frequently comes to mind is prepare for an emotional roller coaster and all the expenses that come with it. Every divorce is emotionally and financially challenging when considering all the time and effort poured into a marriage, from shared love and memories to invested property and assets. When facing separation and its numerous aspects, insurance coverage is an important issue that’s often overlooked. Here is a breakdown of what to look for in commonly shared assets:
- Auto insurance. Notify your insurer of any changes to the ownership or designated drivers, especially if you’re separating policies. If your former spouse will continue to pay for your coverage, be sure the insurer has your contact information in case payments fall behind. For joint custody over teen drivers, have them added to both policies. Otherwise, they should be listed on the policy of whoever has sole custody.
- Home insurance. The primary or mortgage owner should be the only person listed on the homeowners policy. If the house is still jointly owned, then both homeowners would still be listed on the insurance policy regardless of who is occupying the house. If one person decides to remove themselves and opts for renting, consider renters insurance. It not only covers your new residence, but also the assets inside. This is especially crucial if your items are damaged while moving residences.
- Life insurance. Listing your spouse as the primary beneficiary is very common as it helps cover financial obligations in your absence. However, there are good reasons that you may want to leave your former spouse as your beneficiary, especially if you have children together. In the event of death, the policy can provide financial assistance for things like college, alimony or child support.
Going through a separation is a difficult and challenging transition. With all of the nuances involved in the process, it can be hard to make sound financial decisions. We know it isn’t easy–let us do the heavy lifting to help set you up for your new beginning. Connect with us at our Woodbury Office at: 651-414-0016 or the Hudson Office at:715-808-8981 if you or someone you know could benefit from our assistance.
Good for any season is this classic restaurant-style hot and sour soup recipe that’s the perfect combo of spicy and savory. Best of all, it can be ready in 20 minutes!
Here’s what you’ll need:
- 8 cups chicken broth or vegetable broth
- 8 ounces shiitake mushrooms (or baby bella mushrooms), thinly-sliced with stems discarded
- 1 (8-ounce) can bamboo shoots, drained (optional)
- 1/4 cup rice vinegar, or more to taste
- 1/4 cup low-sodium soy sauce
- 2 teaspoons ground ginger
- 1 teaspoon chili garlic sauce
- 1/4 cup cornstarch
- 2 large eggs, whisked
- 8 ounces firm tofu, cut into 1/2-inch cubes
- 4 green onions, thinly sliced
- 1 teaspoon toasted sesame oil
- Kosher salt and white pepper (or black pepper)
- Set aside ¼ cup of the chicken or vegetable broth for later use.
- Add the remaining 7 ¾ cups chicken or vegetable broth, mushrooms, bamboo shoots (if using), rice wine vinegar, soy sauce, ginger and chili garlic sauce to a large stock pot, and stir to combine. Heat over medium-high heat until the soup reaches a simmer.
- While the soup is heating, whisk together the ¼ cup of broth (that you had set aside) and cornstarch in a small bowl until completely smooth. Once the soup has reached a simmer, stir in the cornstarch mixture and stir for 1 minute or so until the soup has thickened.
- Continue stirring the soup in a circular motion, then drizzle in the eggs in a thin stream (while still stirring the soup) to create egg ribbons. Stir in the tofu, half of the green onions, and sesame oil. Then season the soup with salt and a pinch* of white pepper (or black pepper) to taste. If you’d like a more “sour” soup, feel free to add in another tablespoon or two of rice wine vinegar as well. Or if you’d like a spicier soup, add in more chili garlic sauce.
- Serve immediately, garnished with the extra green onions.
Recipe adapted from Give Me Some Oven1
Read Your Wrists
How your hands are at the top of your swing generally predicts what type of impact you’ll make. Hooks and pushes usually occur when your wrists force your clubface to point to the sky, while slices and pulls happen when your clubface is nearly vertical to the ground.
In the ideal position (for the right-handed folks), the back of your left wrist should be on a straight line with your arm, and the club should point parallel to your target. In this ideal position, your clubface will be squared, roughly at a 45-degree angle towards the sky.
Tips adapted from Shark.com2
Treat Your Headaches with Chocolates
Chocolate: friend or foe? It’s been a debate that chocolates have been the cause of headaches; however, it may be the opposite according to researches.
Chocolate is derived from cocoa beans and has been around for about 2,000 years. It’s a rich source of flavonoids, a class of antioxidants, that help reduce stress and fatigue. It also contains caffeine which narrows the blood vessels in your brain. Without caffeination, your blood vessels widen and results in boosted blood flow that can trigger headaches.
However, a chocolate candy bar shouldn’t always be your solution to a headache. Many mass produced chocolate candies often contain very little cocoa and caffeine, which could increase your chances of headaches rather than reduce them. So before taking that next bite into a chocolate bar, check its nutritional information to make sure it contains high cocoa content to satisfy your cravings and headache.
Tips adapted from Live Strong3
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This document is for educational purposes only and should not be construed as legal or tax advice. One should consult a legal or tax professional regarding their own personal situation. Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by an insurance company. They do not refer in any way to securities or investment advisory products Insurance policy applications are vetted through an underwriting process set forth by the issuing insurance company. Some applications may not be accepted based upon adverse underwriting results. Death benefit payouts are based upon the claims paying ability of the issuing insurance company. The firm providing this document is not affiliated with the Social Security Administration or any other government entity.