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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 misconception that they are solely for the wealthy. Many clients seek these agreements to pre-plan asset allocation in the event of divorce or death. Importantly, individuals do not need substantial assets or income to create a prenuptial agreement; it is beneficial for anyone wanting more control over their financial future. Prenuptial agreements can vary in complexity, from simple documents to extensive ones spanning 30 pages or more, tailored to individual needs.
