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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law. In this tutorial, she addresses the common misconception that prenuptial agreements are only for the wealthy. She explains that many clients seek these agreements to pre-plan asset allocation in the event of a divorce or death. Michelson emphasizes that anyone can enter into a prenuptial agreement, regardless of their assets or income. These agreements provide individuals with greater control over their financial futures and can range from simple to complex, depending on the couple's preferences.
