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Katie Michelson, a partner at Biermann LLP, focuses on domestic relations and matrimonial law. In her discussion on prenuptial agreements, she addresses a common misconception that these agreements are solely for the wealthy. In reality, many clients seek prenuptial agreements to pre-plan asset and income allocation in the event of divorce or death. She emphasizes that individuals do not need substantial assets or income to consider a premarital agreement. These agreements provide control over asset distribution and can vary in complexity, ranging from simple to extensive documents with numerous pages.
