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Katie Michelson, a partner at Biermann LLP specializing in matrimonial law, discusses prenuptial agreements in this tutorial. She addresses the common misconception that these agreements are only for the wealthy. In reality, many clients seek prenuptial agreements to pre-plan asset division in case of divorce or untimely death. Michelson emphasizes that individuals do not need to possess significant assets or income to create a prenuptial agreement. Such agreements empower individuals to control how their assets and income are allocated during difficult times. The complexity of prenuptial agreements can vary widely, from simple to intricate, depending on individual preferences.