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Remarrying later can mean tricky money talks
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When a couple remarry late in life, the stakes get higher, especially when both have substantial retirement savings
PHOTO: ISTOCKPHOTO
Martha C. White
Marriage inevitably involves financial compromises both small and large. Joint or individual current accounts? How much is too much to spend on a car? Name-brand or store-brand groceries?
When a couple remarry late in life, the stakes get higher. How should the expenses for those bucket-list retirement trips be divided? Whose name goes on the deed to the new condo? Who inherits the house or stock portfolio: the surviving spouse or the deceased’s children from a prior marriage?
