Morris County Chamber Of Commerce: October 07th, 2021

Press release from the Morris County Chamber of Commerce:

10/7/2021

Deirdre R. Wheatley-Liss, LL.M (Taxation), CELA, Porzio Bromberg & Newman P.C.For many couples who marry later in life, it makes sense to very carefully separate the assets each had before the marriage (each keeping those as their own) while also providing a way for them to share some assets going forward. With this type of approach, each spouse waves the elective share (see “Graying Marriage and Divorce – Part 2: Creating a Prenuptial Agreement” for a discussion of the concept of “elective share”) in an arrangement I sometimes call: Yours is yours. Mine is mine. Ours is ours.​ Porzio Bromberg & Newman P.C. .  For more detailed information, please visit porzioplanning.com or contact us for a free 20 minute telephone consultation.

This press release was produced by the Morris County Chamber of Commerce. The views expressed here are the author’s own.