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Katie Michelson, a partner at Biermann LLP, specializes in family law and discusses prenuptial agreements. She dispels the myth that these agreements are only for the wealthy, explaining that many clients seek them to plan for potential divorce or death. Importantly, individuals do not need substantial assets or income to create a prenuptial agreement; it’s beneficial for anyone wishing to control the distribution of their assets. Prenuptial agreements can vary significantly in complexity, tailored to individual needs, ranging from extensive documents to simpler ones.