Page 8 - Boca Club News - August '24

Page 8, Boca Club News
Happenings Outside Boca
Happenings Outside Boca

New Pompano Beach Theatre Company

Offers Season Of Comedies, Musicals

Pompano Beach Arts has announced the arrival of The World Goes ’Round. April 25th—May 4th, 2025. musical extravaganza is a harmonious celebration of the
the Pompano Players, a new resident professional theater Lyrics by Fred Ebb. Conceived by Susan Stroman, David enduring spirit of musical theater.
company at the Pompano Beach Cultural Center with a six- Thompson, and Scott Ellis. A dazzling tribute to the I Do! I Do! May 23rd—June 1st, 2025. Book and Lyrics
show inaugural season (see list below) featuring a mix of legendary Tony award-winning musical duo Kander and by Tom Jones. Music by Harvey Schmidt. An intimate
comedies and high-energy musicals. Each production will Ebb, The World Goes ’Round (winner of three Drama Desk musical that chronicles the ups and downs of one couple’s
have a limited run of eight performances. Awards), takes audiences on a journey filled with humor, fifty-year journey through love and marriage. From wedding
“We are so proud to be joining the South Florida theatre romance, drama and irresistible melodies. Through hits night nerves to raising a family, facing midlife crises and
community,” says Ty Tabing, Director of the Pompano like “Cabaret,” “Chicago,” and “New York, New York,” overcoming infidelity, the couple’s bond is tested time and
Cultural Affairs Department. “We successfully partnered it celebrates the resilience and vitality of life. Follow five again. Yet, through it all, they rediscover the depth of their
with theatre veteran Kevin Barrett on a few programs last individuals as they navigate love, parenthood and the daily love and commitment to each other. As they bid farewell
year, and now we are excited to expand our offerings with a grind, all set to unforgettable tunes. With gems like “Mr. to their home after five decades together, their story leaves
carefully curated theatre season.” Cellophane” and “Maybe This Time,” this high-energy a lasting impression on the next generation of newlyweds.
ACM Theatricals, part of Arts Center Management
(ACM), will produce all six shows at the Pompano Beach
Cultural Center this season, as well as their acclaimed
Broadway at LPAC Series at the Lauderhill Performing Arts
Center in Lauderhill, Florida. Kevin Barrett, the Founder
and CEO of ACM, is a veteran theatre executive with 32
Florida and is the long-time Executive Director of the Asset Protection in Estate Planning
years of experience running venues in Massachusetts and
historic Delray Beach Playhouse in Delray Beach and the
You’re beginning to accumulate substantial wealth, but you worry about protecting it from future potential creditors. Whether your concern
former General Manager of the Coral Springs Center for is for your personal assets or your business, various tools exist to keep your property safe from tax collectors, accident victims, health-care
the Arts (1999-2016). providers, credit card issuers, business creditors, and creditors of others.
“When crafting Pompano Beach’s inaugural season we To insulate your property from such claims, you’ll have to evaluate each tool in terms of your own situation. You may decide that insurance
selected engaging shows that both our actors and audience and a Declaration of Homestead may be sufficient protection for your home because your exposure to a claim is low. For high exposure, you may
want to create a business entity or an offshore trust to shield your assets. Remember, no asset protection tool is guaranteed to work, and you may
members will embrace,” Barrett explains. “Get ready have to adjust your asset protection strategies as your situation or the laws change.
for a delightful blend of humor, song, and heartwarming Liability insurance is your first and best line of defense
nostalgia!” Liability insurance is at the top of any plan for asset protection. You should consider purchasing or increasing umbrella coverage on your
Subscriptions as well as individual tickets for the entire homeowners policy. For business-related liability, purchase or increase your liability coverage under your business insurance policy. Generally, the cost
season are on sale now and can be purchased online at www. of the premiums for this type of coverage is minimal compared to what you might be required to pay under a court judgment should you ever be sued.
pompanobeachculturalcenter.com. Subscription prices start A Declaration of Homestead protects the family residence
Your primary residence may be your most significant asset. State law determines the creditor and judgment protection afforded a residence by
at $99 and individual tickets range in price from $45 to $65. way of a Declaration of Homestead, which varies greatly from state to state. For example, a state may provide a complete exemption for a residence
Performance days and times are Fridays and Saturdays at 7 (i.e., its entire value), a limited exemption (e.g., up to $100,000), or an exemption under certain circumstances (e.g., a judgment for medical bills). A
p.m., and Saturdays and Sundays at 2 p.m. The Pompano Declaration of Homestead is easy to file. You pay a small fee, fill out a simple form, and file it at the registry where your deed is recorded.
Beach Cultural Center is located at 50 West Atlantic Dividing assets between spouses can limit exposure to potential liability
Boulevard in Pompano Beach (33060). Perhaps you work in an occupation or business that exposes you to greater potential liability than your spouse’s job does. If so, it may be a
Pompano Players 2024-2025 Season: good idea to divide assets between you so that you keep only the income and assets from your job, while your spouse takes sole ownership of
Love, Loss, and What I Wore. October 11th—20th. By your investments and other valuable assets. Generally, your creditors can reach only those assets that are in your name.
Nora Ephron and Delia Ephron. Based on the book by Business entities can provide two types of protection — shielding your personal assets from your
Ilene Beckerman. A play of monologues and ensemble business creditors and shielding business assets from your personal creditors

Consider using a corporation, limited partnership, or limited liability company (LLC) to operate the business. Such business entities shield
pieces about women, clothes and memory covering all the the personal assets of the shareholders, limited partners, or LLC members from liabilities that arise from the business. The liability of these
important subjects: mothers, prom dresses, mothers, buying owners will be limited to the assets of the business.
Conversely, corporations, limited partnerships, and LLCs provide some protection from the personal creditors of a shareholder,
bras, mothers, hating purses, and why we only wear black. limited partner, or member. In a corporation, a creditor of an individual owner is able to place a lien on, and eventually acquire, the shares of the
I Love You, You’re Perfect, Now Change. November 8th— debtor/shareholder, but would not have any rights greater than the rights conferred by the shares. In limited partnerships or LLCs, under most
November 17th. Book and Lyrics by Joe DiPietro. Music by state laws, a creditor of a partner or member is entitled to obtain only a charging order with respect to the partner or member’s interest. The
Jimmy Roberts. A comedic exploration of the complexities charging order gives the creditor the right to receive any distributions with respect to the interest. In all respects, the creditor is treated as a mere
assignee and is not entitled to exercise any voting rights or other rights that the partner or member possessed.
of modern relationships, I Love You, You’re Perfect, Now
Change has been updated for the 21st Century. Act I navigates Certain trusts can preserve trust assets from claims
People have used trusts to protect their assets for generations. The key to using a trust as an asset protection tool is that the trust must be

the journey from dating to marriage, while Act II dives irrevocable and become the owner of your property. Once given away, these assets are no longer yours and are not available to satisfy claims
into the joys and challenges of family life, from in-laws to against you. To properly establish an asset protection trust, you must not keep any interest in the trust assets or control over the trust.
Trusts can also protect trust assets from potential creditors of the beneficiaries of the trust. The extent to which a beneficiary’s
newborns. This delightful revue celebrates the highs and creditors can reach trust property depends on how much access the beneficiary has to the trust property. The more access the
lows of love, paying homage to those who’ve experienced beneficiary has to the trust property, the more access the beneficiary’s creditors will have. Thus, the terms of the trust are critical.
the ups and downs of romance and dared to ask, “Hey, what There are many types of asset protection trusts, each having its own benefits and drawbacks. These trusts include:
are you up to Saturday night?” • Spendthrift trusts
• Discretionary trusts
Jerry’s Girls. January 10th—19th, 2025. Music and • Support trusts
Lyrics by Jerry Herman. Concepts by Larry Alford, Wayne • Personal trusts
Cilento and Jerry Herman. An exhilarating two-hour musical • Self-settled trusts
Since certain claims can pierce domestic protective trusts (e.g., claims by a spouse or child for support and state or federal claims), you can
extravaganza celebrating glamour, optimism, love, melody bolster your protection by placing the trust in a foreign jurisdiction. Offshore or foreign trusts are established under, or made subject to, the laws
and women! Featuring music and lyrics by Jerry Herman, of another country (e.g., the Bahamas, the Cayman Islands, Bermuda, Belize, Jersey, Liechtenstein, and the Cook Islands) that does not generally
this Broadway reminiscence showcases the greatest hits for honor judgments made in the United States.
women from Herman’s timeless musicals such as Mame, A word about fraudulent transfers
Hello, Dolly!, Milk and Honey, Mack and Mabel, A Day in The court will ignore transfers to an asset protection trust if:
Hollywood/A Night in the Ukraine, and La Cage Aux Folles. • A creditor’s claim arose before you made the transfer
• You made the transfer with the intent to defraud a creditor
Respect: A Musical Journey of Women. March 28th— • You incurred debts without a reasonable expectation of paying them
April 6th, 2025. By Dorothy Marcic. Based on the book by This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the
Dorothy Marcic: “Respect: Women and Popular Music.” foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a
recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is
A vibrant musical revue that celebrates the resilience and not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance
may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate
strength of women in America through popular music from professional. Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government
agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal. Investment Advisory
1900 to today. From the dependency of “I Will Follow Him” services offered through Raymond James Financial Services Advisors, Inc. The information contained within this commercial email has been obtained from sources considered reliable, but we do
not guarantee the foregoing material is accurate or complete.
to the defiance of “These Boots are Made for Walking” and
the empowerment of “Hero,” Respect captures a spectrum Raymond James Financial Services
of women’s experiences. Featuring excerpts from 60 songs
and real-life stories of dreams, love, work and independence, Arthur Rottenstein
it’s an exhilarating ride through history. With such classics
as “Diamonds Are a Girl’s Best Friend,” “I Enjoy Being a
Girl,” “I Wanna Be Loved By You,” “As Long As He Needs Registered Securities Principal
Me” and “Whatever Lola Wants,” and modern standards like 301 E. Yamato Road, Suite 3160
“The Greatest Love of All,” “Where the Boys Are,” “It Must
Be Him,” and “Stand by Your Man.” Boca Raton, FL 33431
561-241-6616

Arthur.Rottenstein@RaymondJames.com
bocaratonfinancialplanner.com