Hello from the East Tennessee Foundation!

It is hard to believe that the fourth quarter is upon us. We look forward to working with you and your clients as you set in motion charitable giving plans with an eye toward that end-of-year deadline.

Here is what’s trending in charitable giving this month:

• As we head toward the end of 2025, many clients start thinking about updates to their estate plans and how to structure year end giving. The team at the East Tennessee Foundation is happy to offer tips to help you tap the momentum to inspire your clients to update their financial plans, estate plans, and charitable giving strategies.
• You are not alone if you miss the old “stretch IRA.” Many attorneys, CPAs, and financial advisors recommended this technique to help the heirs of their deceased clients avoid a big income tax hit. For a specific type of client, though, it may be possible to mimic the benefit of the stretch IRA by using a charitable remainder trust.
• No two of your clients are exactly alike, which is why you tailor your advice to the specific circumstances of each client’s life, finances, and goals. For inspiration, we are happy to offer three examples of client scenarios and how the East Tennessee Foundation can work alongside you to help handle the charitable components of a client’s plan.

Thank you for the opportunity to work together to make East Tennessee a better place to live and work.