Stage & Theatre
Why Everyone Needs an ‘Incapacity Plan’ PDF Print E-mail
News Releases - Stage & Theatre
Written by Ginny Grimsley   
Friday, 02 August 2013 13:50
3 Experts Share Tips for Protecting Yourself & Your Assets


Dementia has become the No. 1 cause of disability globally, according to the World Health Organization.

Stroke, which can also profoundly impair judgment and decision-making, stands at No. 2.

“This year, 7.7 million new cases of dementia will be diagnosed, and 15 million people will suffer a stroke,” says CPA Jim Kohles, chairman of RINA accountancy corporation, (www.rina.com). “By the time dementia symptoms become apparent, their competence may already be affected. Strokes, as we know, can be tragically sudden.”

While many people carefully plan for retirement and what will become of their estate after death, too few provide for that middle ground – incapacity, adds attorney John Hartog of Hartog & Baer Trust and Estate Law, (www.hartogbaer.com).

“We should plan for incapacity, and if it never comes into play that’s wonderful,” says wealth management advisor Haitham “Hutch” Ashoo, CEO of Pillar Wealth Management, (www.pillarwm.com).

Incapacity planning ensures you’re able to speak for yourself in all decisions, from your medical care to financial affairs.

Here are three steps everyone should take, from the accounting, legal and financial perspectives.

• Get disability insurance. “The likelihood of something happening that affects your ability to work is high, so you really should carry disability insurance,” says accountant Jim Kohles.

How you pay for it can have different tax impacts. If you purchase it through your business, whether as owner or employee, you can take a tax deduction on the premiums. But that means any claims paid will be taxable. If you pay with post-tax dollars, any benefits are not taxable.

“The difference in saving taxes on $200 a month in premiums versus $5,000 a month in benefits is significant,” Kohles says.

Kohles also cautions that more new policies now are capped at 10 years of payments – not lifetime. So be sure you understand the terms.

• Have legal documents that clearly state your wishes. These include a durable power of attorney for financial affairs and an advanced health care directive for medical decisions, says attorney Hartog.

Name the people – the “agents” -- who will be responsible for implementing those decisions, and draw up a document that delineates their responsibilities and powers. Choose people in whom you have a great deal of faith and trust. “People need to remember they’re going to be vulnerable – you don’t want to pick someone if you have a quiver of doubt about them,” he says. One safeguard is to name an agent, and a second person to whom the agent must report. “Just the idea that you have to report keeps people honest,” Hartog says.

In some states, the government provides forms so people can prepare these documents themselves, although Hartog suggests at least consulting with an attorney.

• If you’re the “non-financial” spouse, become familiar with the financial plan. “Typically, one spouse is in charge of the finances, and the other takes a back seat, or even a no seat,” says wealth management advisor Ashoo. “The non-involved person needs to understand how the finances are arranged and planned, and he or she needs to be very comfortable with the family’s advisors.” This will prevent a nightmare during an already stressful time should the involved spouse suddenly become incapacitated.

Both spouses should attend meetings with the family’s advisors, even if one spouse doesn’t fully understand or isn’t interested in all the details. “If something happens, they will know who to call and what to do,” Ashoo says. “They’ll avoid a nightmare. That’s the peace of mind I want for my clients.”

All three experts stress the importance of having these provisions in place long before you think you’ll need them.

“Younger people have a higher chance of becoming disabled before they die, and they’re usually the people who haven’t planned for that at all,” says Kohles.

About John Hartog, Jim Kohles & Haitham “Hutch” Ashoo

John Hartog is a partner at Hartog & Baer Trust and Estate Law. He is a certified specialist in estate planning, trust and probate law, and taxation law. Jim Kohles is chairman of the board of RINA accountancy corporation. He is a certified public accountant specializing in business consulting, succession and retirement planning, and insurance. Haitham “Hutch” Ashoo is the CEO of Pillar Wealth Management, LLC, specializing in client-centered wealth management. All three are based in Walnut Creek, Calif., and advise ultra affluent families.

 
Patient-Provider Communication Important Factor in Anesthesia Safety Say Iowa’s Nurse Anesthetists PDF Print E-mail
News Releases - Stage & Theatre
Written by Armentia Snyder   
Friday, 02 August 2013 13:39
NEWTON, Iowa – Open communication between patients and their anesthesia providers prior to surgery or other procedures helps ensure patient safety, according to the Iowa Association of Nurse Anesthetists (IANA), the professional association representing more than 350 nurse anesthetists in Iowa. The IANA is committed to promoting patient safety through patient education and robust patient-provider communication.

When preparing for surgery or other procedures involving anesthesia, patients often feel nervous and find they are unable to ask questions or share information when discussing their health and medical treatment with their surgeon or Certified Registered Nurse Anesthetist (CRNA). In some cases, this occurs because patients feel afraid to contradict what they consider to be their provider’s authority. CRNAs throughout Iowa are making an effort to remove such deterrents that often hinder candid communication between a patient and provider.

“It is imperative that patients realize they have a voice and providers are there to listen and meet their needs. One of the largest components in patient safety and education is open communication,” said IANA President Troy Anderson, CRNA. “As CRNAs, everything we do is driven by patient safety. Patients should always feel comfortable discussing their presurgical questions and concerns with their CRNA, whether the topic pertains to types of anesthetics, course of treatment, pre-and post-surgical anesthesia expectations, or anything else that comes to mind regarding their anesthesia care.”

CRNAs are the sole anesthesia professionals in 75 percent of Iowa’s hospitals, making them a vital healthcare resource to patients across the state. In addition, CRNAs are the sole providers of chronic pain management in 52 percent of Iowa’s hospitals, enabling pain patients to receive treatment close to home rather than having to travel great distances for care.

Since 2001, Iowa CRNAs have practiced without physician supervision, establishing a superior record of anesthesia safety and high-quality patient care that was confirmed by the 2010 study titled, “No Harm Found When Nurse Anesthetists Work Without Supervision By Physicians,” published in Health Affairs, the nation’s leading health policy journal. As advanced practice registered nurses, CRNAs work in every type of setting where anesthesia is delivered, and have the authority to prescribe medications used before, during, and after the administration of anesthesia. They are equipped to oversee every detail pertaining to a patient’s anesthesia care.

About the Iowa Association of Nurse Anesthetists
Founded in 1940, the IANA represents more than 350 CRNAs and student registered nurse anesthetists. In 2001, Iowa became the first state to “opt out” of the Medicare physician supervision rule.

 
Tipton’s Historic Hardacre Theater to Close Following Film Festival PDF Print E-mail
News Releases - Stage & Theatre
Written by Hardacre Film Festival   
Friday, 02 August 2013 13:25

TIPTON, Iowa—It was announced this week that Tipton’s historic Hardacre Theater, which has been in continuous use as an opera house and movie theater since 1914, will close under its current management. This is effective after the 2013 Hardacre Film Festival’s conclusion Saturday night, Aug. 3. The film festival is Iowa’s longest-running film festival, celebrating its 16th year.

An announcement about the theater’s closing will occur during the festival shortly after 3 p.m. Saturday, Aug. 3. The festival will award the theater’s owner, Stuart Clark, in recognition of 16 years of supporting the festival and more than 20 years of keeping the theater running.

However, the Hardacre Theater Preservation Association is pursuing nonprofit status to purchase the theater and renovate it. Learn more at http://thehardacre.org/


What:    Hardacre Film Festival

Who:    Members of the Hardacre Theater Preservation Association and visiting filmmakers will be available for interviews.

When:    Friday and Saturday, Aug. 2 and 3. Stuart Clark will be presented with an award Saturday, Aug. 3, shortly after 3 p.m.

Where:    Hardacre Theater, 112 East 5th Street, Tipton, IA 52772

 
Governor Quinn Statement on General Assembly Lawsuit to Restore Their Own Pay Before Enacting Pension Reform PDF Print E-mail
News Releases - Stage & Theatre
Written by Grant Klinzman   
Wednesday, 31 July 2013 14:57

CHICAGO - Governor Pat Quinn issued the following statement regarding today’s filing of a lawsuit to restore pay for legislators. On July 10, 2013, following two years of legislative inertia on pension reform – the most critical job for the state – the Governor issued a line-item veto of House Bill 214 to suspend pay for legislators until they pass comprehensive pension reform. Under the Illinois Constitution, the Governor has the power to line-item veto any appropriation. The Governor is also not accepting his own salary.

Below is his statement:

"Today's lawsuit filed by two members of the Illinois General Assembly is just plain wrong.

“If legislators had put forth the same effort to draw up a pension reform agreement that they did in crafting this lawsuit, pension reform could have been done by now.

"Instead of focusing on resolving the state's pension crisis – which is costing taxpayers millions of dollars a day – legislators have chosen to focus on their own paychecks and waste taxpayer time and money on this lawsuit.

"My action to suspend the appropriation for legislative pay is clearly within the express provisions of the Illinois Constitution.

“Legislators should not be rewarded for an endless cycle of promises, excuses, delay and inertia on the pension problem.

"I've spent a lot of time with working people across Illinois who understand the importance of this issue. They work hard for their paychecks and they do what's hard to support their families.

"They don't get paid if they don’t do their jobs. And neither should members of the General Assembly.

“I will defend the interest of Illinois taxpayers in the courts. Nobody should be paid until the pension reform job gets done for taxpayers.”

###

 
Theatre Cedar Rapids was born in the roaring 20's so we are celebrating with a speakeasy party! PDF Print E-mail
News Releases - Stage & Theatre
Written by Theatre Cedar Rapids   
Wednesday, 31 July 2013 14:49

CLICK HERE TO BUY TODAY!

$60 per ticket ($50 for TCR Members) - OR, become a "Host" and get 10 tickets (plus more benefits!) for $500.

  • Program includes 80th season preview performances, surprise guests and special announcements.

  • Entertainment includes prohibition era music before & after the program.

  • Food and moonshine provided (with a cash bar available)

  • Cocktail attire (If you prefer, dress for the era or add a hat for fun!)

  • To get your ticket and password, contact the TCR Box Office or go to www.theatrecr.org/curtainraiser.

  • Ticket and password required for entry.

  • Make sure you are not being followed by anyone as to tip off the whereabouts of the soiree.

 

SUBSCRIBE TO NEXT SEASON ONLINE

Pick at least three shows...

TCR's magical 80th season is available online for three show (minimum) Starter Packs, or full subscriptions with mix/match and ala carte options.  Click the link, and purchase the shows you want for the performances you want.  Don't forget, the 80th Season will end with the international hit... Les Misérables!

 

A new DIVAPALOOZA show you won't want to miss. Imagine Aretha Franklin, Janis Joplin, and Bette Midler all together on one stage, and you've got DIVAPALOOZA. Janelle Lauer, Jane Pini , and Lynne Rothrock will entertain with a band of the finest musicians. Something for everyone - rhythm & blues, jazz, musical theatre, rock & roll, folk, and country.

 

The Music Man In Concert w/ Orchestra Iowa
at The Paramount September 25-29, 2013

LAST CHANCE TO GET PRIORITY SEATING - Single Tickets go on sale August 9th, but TCR Subscribers can take advantage now by ordering three or more productions.  Contact TCR Box Office or order online today!

Join us for Meredith Willson's "The Music Man: In Concert" collaborating Theatre Cedar Rapids and Orchestra Iowa in an evening of incredible singing with classics such as: "76 Trombones" "Shipoopi" "Goodnight My Someone" and other favorites from one of the greatest and most beloved musicals of all time.

 

FINAL TCR Camps Begin August 5th

It's not too late to register!

3rd-5th Grade Theatre

Master the essential techniques of theatre - onstage and behind the scenes.  Through improvisation, acting and scene work, as well as learning some basis of the technical elements of theatre, each session will develop an original play or series of scenes to present at the showcase.  Come develop the confidence needed to make a splash at your next audition or performance - confidence you will carry through the school year and your lifetime.  $195 (TCR member rate $156)

  • Session 7: August 5-August 16, 9:00am-12:00pm OR

  • Session 8: August 5-August 16, 1:00pm-4:00pm

3rd-5th Grade Musical Theatre

Are musicals your thing?  If you can't get enough of singing show tunes, this camp is for you.  You'll hone your singing, dancing, and acting skills while working on pieces from famous musicals.  $195 (TCR member rate $156)

  • Session 11: August 5-August 16, 1:00-4:00pm

 

 
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