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Katie Michelson, a partner at Biermann LLP specializing in matrimonial law, discusses prenuptial agreements. She addresses the common misconception that these agreements are only for the wealthy. In reality, many clients seek prenuptial agreements to plan for potential divorce or untimely death. Katie clarifies that individuals do not need to possess significant assets or income to pursue a premarital agreement. These agreements provide control over asset and income allocation in unfortunate events and can vary in complexity, ranging from simple to extensive documents.
