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In this video, estate planning attorney Paul Rabale discusses the importance of prenuptial agreements for individuals getting married later in life to protect their assets. He addresses a common myth that prenups are worthless and highlights the significance of covering legal, financial, and tax aspects when entering a new marriage. Using a hypothetical scenario involving Florence and Frank, both 63 years old and remarrying, Rabale emphasizes the misconceptions surrounding prenuptial agreements and the need for proper legal counsel in such situations.