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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law. In her tutorial on prenuptial agreements, she addresses the misconception that these agreements are only for the wealthy. She emphasizes that many clients seek prenuptial agreements to plan for potential divorce or unexpected death. Importantly, individuals do not need substantial assets or income to enter into a prenuptial agreement. Such agreements provide individuals with greater control over the allocation of their assets and income in the event of divorce or death. Prenuptial agreements can vary significantly in complexity, from simple to extensive documents, depending on the individuals' needs.