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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law. In her discussion on 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 future scenarios like divorce or untimely death. Michelson emphasizes that having significant assets or income is not a prerequisite for entering a prenuptial agreement. Such agreements can offer individuals greater control over the allocation of their assets and income in the event of divorce or death, and they can vary in complexity, from simple to extensive documents.
