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Katie Michelson, a partner at Biermann LLP, focuses on domestic relations in matrimonial law. In her tutorial on prenuptial agreements, she clarifies the misconception that such agreements are only for the wealthy. Instead, many clients seek prenuptial agreements to pre-plan asset and income allocation in case of divorce or death. She emphasizes that individuals do not need to have significant assets or income to enter into a prenuptial agreement. These agreements can be tailored to varying degrees of complexity, ranging from extensive documents to simpler versions, depending on the individuals' preferences.