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Wolfe won the World Fantasy Award for Life Achievement in 1996, a judged award at the annual World Fantasy Convention .  He was inducted by the Science Fiction Hall of Fame in 2007.  [ needs update ] The Science Fiction and Fantasy Writers of America named him its 29th SFWA Grand Master in December 2012; the annual Damon Knight Memorial Grand Master Award was presented to Wolfe during Nebula Awards weekend, May 16–19, 2013.   
I don't think that Finny falling out of the tree is the climax because it doesn't solve anything, in fact it begins the novel. The climax is when the Doctor at Devon announces that Finny is dead. This is because it starts the resolution of the book and the action starts winding down from that point on.