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San Antonio Law Blog

Will divorce affect my child's academic performance?

We all want the best for our children, and this means that we do everything we can to ensure their success both academically and socially. However, we can't always control the challenges that we face in life. If you are approaching divorce as a parent, it is likely that you are concerned about the way that this could affect your child.

Studies have shown that divorce can negatively impact a child's performance at school. One study conducted on 447 children from both intact families and divorced families concluded that children's achievement test scores tend to do less well in the immediate aftermath of their parents' divorce. This is undoubtedly concerning for parents approaching divorce. However, there are things that can be done to minimize the impact that divorce has on your child.

What's the best foreclosure prevention technique?

Going through foreclosure tends to be the final option when no other strategy to deal with an unpaid mortgage has worked. Many homeowners do everything that they can to avoid foreclosure because it means that they will lose their home and suffer damage to their credit score. If early and informed action is taken, it can be possible to successfully avoid foreclosure.

The best foreclosure prevention technique will likely depend on your individual circumstances and financial goals. The following are some common choices that can prevent the damages that foreclosure so often brings.

Your options in business succession planning

If you are starting to think about the future of your business after your lifetime, you will likely be feeling a mixture of emotions. On one hand, planning for the end of your life can be an emotional thing to reflect on. However, at the same time, thinking about your legacy and the hopes and dreams you have for your loved ones can be a very uplifting experience.

If you are the owner of a business, thinking about the possibility of it continuing successfully after your death could be motivating and exciting. You can help to maximize its future success now by planning your estate with your business in mind. The following are brief evaluations of common business succession choices.

Understanding your ex's behavior during asset division

It's unfortunately common for spouses to become hostile toward each other during the divorce process. This hostility can cause petty arguments and unnecessary stress. Typically, divorcing spouses who are able to collaborate in a civilized way get the most positive outcome from a divorce.

If you are struggling to find ways to go through the asset division process in a civilized manner, you may be feeling completely alienated by the behavior of your ex. While you do not have to justify the way that they are behaving, taking the time to interpret and reflect on the meaning behind the behavior may help you to manage your own emotions.

Lender negotiation and foreclosure prevention

If you are struggling to pay your mortgage, foreclosure can be a real risk, and you may end up losing your home. This is why it is so vital that you take early action to address your financial problems before they develop into significant issues.

One of the best ways that you can deal with the problem directly is by talking to your lender about the nature of the problem. So many people face foreclosure simply because they have ignored their problems for so long. By building a good relationship with your lender, they will be more inclined to help you through your financial difficulties. The following are some ways that you can develop communication with your mortgage provider.

Increasing the value of your home before selling

If you are thinking about selling your home in the near future, you will be wondering how much you will be able to sell it for. Comparing similar homes that recently sold in your area is a good way to gain an estimate. You will, of course, be interested in maximizing the sale price, and this requires attention to detail and hard work.

There are many things you can do to increase the value of your home before a sale. While some changes may cost time and money, others just require conscientiousness and good marketing skills. The following are some tips on increasing the value of your home before a sale.

What are my options to prevent a foreclosure?

If you have been served a notice of default by your lender, this means that you have fallen seriously behind on your mortgage repayments. If action is not taken to address this, the end result will be foreclosure, which is the selling of your home by the lender in order to pay off the mortgage.

In order to reinstate the mortgage after you receive a notice of default, you must pay the specified amount on the notice. It can be possible to contest the foreclosure in certain circumstances. In doing so, you will have more time to work on a solution to your financial issues.

What should business owners know about asset division?

If you own a business, it is important you understand how asset division works, even if you do not expect to get a divorce. This is because your spouse may be entitled to part of your business, which could have a devastating impact on the business’s ability to succeed if you ever do get divorced.

A business owner who does not plan ahead for the possibility of divorce can be forced to sell his or her business or share ownership of the business with an ex-spouse. Alternatively, a business owner may be forced to give up other assets in divorce in order to keep the business.

I’m a millennial. Do I need a prenup?

Even though the intent is for every marriage to last forever, it’s still smart to legally protect yourself.

That’s where a prenuptial agreement – known as a prenup – comes in. Traditionally, prenups protected one partner entering a marriage with significantly more money than the other. But these days there are a lot more reasons why a prenup makes sense for millennial couples.

How to foresee a business partnership breakup

In business, it is always best to be prepared. This means that you must be vigilant to any imminent threat to the well-being of your company. While many threats exist externally to your business, some of them may reside within your company.

A business partnership breakup should never take you by surprise because it needs to be dealt with strategically in order to minimize the negative impact. The following are some clear signs that a business partnership split may be on the horizon.