Chicago Illinois Family Law Blog

Startup Valuation in a Chicago Divorce: What Founders Must Know

By Leslie Fineberg on September 29, 2025

Chicago’s tech founders and startup leaders face a unique set of legal challenges when divorce enters the picture. For entrepreneurs facing a complex asset divorce, the valuation and division of startup equity can be one of the most difficult aspects of the proceedings.

Understanding how Illinois courts approach startup valuation in divorce is essential. If  you’re a founder or a partner in an early-stage company, your business interests are likely to be scrutinized and could be subject to division during divorce.

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Posted in: Divorce

2025 Divorce Law Changes Impacting Entrepreneurs in Illinois

By Leslie Fineberg on September 22, 2025

For entrepreneurs in Illinois, divorce has always required careful legal and financial considerations. But with the 2025 legislative updates to Illinois family law, the stakes are even higher.

Changes affecting asset division, parenting time, and maintenance calculations are particularly impactful for business owners. If you’re a founder, executive, or investor, understanding these reforms is essential for protecting your interests.

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Posted in: Divorce

Leslie Fineberg of Nottage and Ward, LLP Recognized by Super Lawyers and Crain’s Chicago Business

By Nottage and Ward on September 14, 2025

The Chicago divorce and family law attorneys at Nottage and Ward, LLP are proud to announce that our colleague Leslie Fineberg has been recognized by two of the most esteemed institutions in the legal field: Crain’s Chicago Business and Super Lawyers.

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Posted in: Firm News

Collaborative Divorce for Professionals: Is It Right for You?

By Leslie Fineberg on September 8, 2025

Divorce presents a host of challenges for professionals in Illinois. Doctors, attorneys, executives, and business owners may have complicated financial portfolios and public-facing careers that can make divorce proceedings especially difficult.

Collaborative divorce offers an alternative path, one that encourages cooperation, and minimizes courtroom battles. But is collaborative divorce right for your situation?

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Posted in: Divorce

Financial Disclosure Requirements in Illinois High-Net-Worth Divorces

By Leslie Fineberg on September 1, 2025

Dividing finances in divorce is a difficult process, especially when significant wealth is involved. An Illinois high-net-worth divorce requires thorough and accurate financial disclosure. This obligation is not just a matter of good faith; it is mandated by law and enforced by the courts.

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Posted in: Divorce

2025 Illinois Divorce Law Updates: What Professionals Should Know

By Nottage and Ward on August 23, 2025

Divorce can be especially difficult for professionals with substantial assets, complex financial portfolios, and parenting responsibilities.

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Posted in: Divorce

Dividing Professional Practices in a Chicago Divorce

By Nottage and Ward on August 15, 2025

When a marriage ends, dividing personal property is challenging enough—but dividing a professional practice is far more complex.

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Posted in: Divorce

Maintenance in Illinois Divorces Involving High Earners

By Nottage and Ward on August 8, 2025

For high-earning professionals, divorce involves more than emotional upheaval. It also requires strategic financial planning. As a result, one of the most critical issues in these cases is maintenance, also known as spousal support.

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Posted in: Maintenance

Prenuptial Agreements Among Doctors and Lawyers in Chicago

By Nottage and Ward on August 3, 2025

In Chicago’s professional circles, where physicians and attorneys often marry others with similar credentials, a prenuptial agreement isn’t just a financial tool. It’s a form of planning that reflects the complexity of modern careers and lifestyles.

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Dividing Music Royalties, Film Residuals, and Creative Income in Divorce

By Nottage and Ward on July 23, 2025

For creative professionals, divorce may involve complex, long-term financial assets that aren’t always easy to value or divide.

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Posted in: Property Division

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