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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law, discusses prenuptial agreements. Contrary to common belief, prenups are not just for the wealthy but for individuals who want to plan their assets and income in case of divorce or death. They can be customized to be as simple or complex as needed, with no requirement for significant assets or income to enter into one. Prenups give individuals control over how their assets are distributed.