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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law. In her discussion on prenuptial agreements, she addresses the misconception that such agreements are only for the wealthy. She notes that many clients seek prenuptial agreements to plan for potential divorce or untimely death, regardless of their asset levels. Individuals do not need significant income or assets to create a prenuptial agreement; rather, these agreements provide a way for people to control the allocation of their financial resources in these circumstances. Prenuptial agreements can vary in complexity, ranging from simple documents to lengthy ones comprising numerous pages.