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Katie Michelson, a partner at Biermann LLP, specializes in domestic relations and matrimonial law. In this video, she discusses prenuptial agreements, clarifying that they are not just for the wealthy. Prenups can help individuals plan for divorce or death, allowing for control over asset and income allocation. The agreements can be simple or complex, depending on individual preferences. Assets or income are not a requirement for entering into a prenuptial agreement.