I have received wonderful counsel from my advisor, Marshall Peterson, of Holbrook Peterson Smith PLLC in Knoxville. After setting aside enough savings to create my 'pension fund,' I will be making large gifts to a long list of charities, including a number of religious organizations and local charities. Everyone should know that my list of charities has already been set.
"Finally, the majority of the prize has been designated to go into a foundation to support performing arts organizations around the country. I am very excited to work on this project with longtime friends experienced in supporting the arts in this way. My father passed away in 2010, and essentially, I am following his rule about money management: Tithe a tenth, save a tenth and spend the rest wisely.
