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Katie Michelson, a partner at Biermann LLP specializing in domestic relations and matrimonial law, discusses prenuptial agreements. She addresses a common misconception that these agreements are only for the wealthy. Many clients seek prenuptial agreements to plan for potential divorce or death, regardless of their assets or income. Prenuptial agreements provide individuals with control over how their assets and income are allocated in such events. They can range from simple to complex, depending on the individuals' preferences.