Nate, single, is retired and has accumulated financial wealth. For example, he has $15 millionin cash across various bank accounts. In addition to his bank and financial accounts, he receives distributions from his 401(k) and IRA plans.Nate's favorite hobbies are stamp and vintage car collecting. Nate wants to take care of his sister and nephew, but also wants to give back to his community. He has called you to understand a tax planning strategy he can implement