The Westport Country Playhouse will stage the world premiere previews of A.R. Gurney’s “Love and Money” later this month.

The play is described as “a new comedy exploring the trials of class, family, legacy and race,” in publicity from the playhouse. Performances at the Powers Court theater are set from July 21 through Aug. 8. A co-production with the Signature Theater in New York, the play will officially open there in late August.

Gurney, a Connecticut resident, has been writing plays many years. Best known are “The Dining Room,” “The Cocktail Hour,” “Love Letters” and “Sylvia.”

“I'm thrilled to continue the tradition of new work that has been a staple of nearly every playhouse season for many years, and, in fact, was one of the main reasons the theater was founded 85 years ago — to develop and explore new plays and musicals by living writers,” Mark Lamos, the director, said in the publicity release.

“The playhouse has had the extraordinary good fortune to produce many of Gurney’s plays over the years,” he added. “One of America's most prolific writers, at 84 he remains one of its most vigorous and one of its finest.”

“Love and Money” is about a wealthy widow Cornelia Cunningham. Moving out of her Manhattan brownstone into a retirement home, she has come to view her life of grace and privilege as a crime, one she must atone for by giving away all of her money and possessions, according to a press release.

Cornelia’s plans are questioned when an ambitious and ingratiating young man, who may be the grandson she never knew she had, arrives to claim an inheritance, according to the theater’s publicity.

The “Love and Money” performance schedule is Tuesday at 7 p.m., Wednesday at 2 and 8 p.m., Thursday and Friday at 8 p.m., Saturday at 3 and 8 p.m., and Sunday at 3 p.m.

For more information or to buy tickets, visit www.westportplayhouse.org, or call the box office at 203-227-4177 or toll-free at 1-888-927-7529.