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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law. In this video, she discusses prenuptial agreements, which are not just for the wealthy but also for individuals who want to plan for divorce or death. Prenups allow control over asset and income allocation, regardless of wealth. They can be simple or complex, tailored to individual preferences. There is no requirement for significant assets or income to enter into a premarital agreement.