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Katie Michelson, a partner at Biermann LLP specializing in domestic relations and matrimonial law, discusses prenuptial agreements. She clarifies the misconception that these agreements are only for the wealthy, noting that many clients seek them to prepare for potential divorce or untimely death. Michelson emphasizes that individuals do not need significant assets or income to enter into a prenuptial agreement. Such agreements allow people to control the allocation of their assets and income. They can range in complexity, with some being as short as a few pages and others extending to around 30 pages, depending on the individuals' preferences.
