Gold for the grandkids - anyone else thinking multi-generational?

• •Been thinking a lot lately about legacy planning, especially with the market being… interesting, to say the least.
• •I’ve built up a decent nest egg over the years – probably in the 2-3M range that I’m actively managing outside of the main fund stuff.
• •My own portfolio typically runs about 10-15% in physical gold, just so I have that tangible asset.

Been thinking a lot lately about legacy planning, especially with the market being… interesting, to say the least. I’ve built up a decent nest egg over the years – probably in the 2-3M range that I’m actively managing outside of the main fund stuff. A significant chunk of my personal allocation has always been in gold, not just as a hedge against inflation or geopolitical nonsense, but as a genuine store of value. My own portfolio typically runs about 10-15% in physical gold, just so I have that tangible asset. Living in Greenwich, you see a lot of people chasing the next big thing, but I’ve always appreciated the steady, silent growth of the yellow metal.

My two grandkids are still pretty young, seven and ten, but I'm already looking decades down the line. I want to set them up with something that truly lasts, something that isn't just subject to the whims of the S&P 500. I’m considering setting up a dedicated Gold IRA for each of them, funded with a certain amount each year, to mature when they're, say, 30 or 35. The idea is to hand them something with real intrinsic value, a foundation they can build upon, rather than just a brokerage account that’s always fluctuating. It’s hard to imagine these two little monsters managing a complex portfolio right now, but a physical asset they understand? That feels right.

I was playing around with that "Gold vs Stocks Comparison" tool over at https://goldvsstocks.goldirablueprint.com/?period=10Y the other day, looking at how gold has performed against various stock indices over the last 10 years, and it just reinforced my conviction. While stocks have had their boom times, gold has been a surprisingly stable bedrock. For long-term, multi-generational wealth preservation, it’s honestly hard to beat. I've also been eyeing some of the more collectible silver coins for them – not a massive allocation, but something tangible and unique that they could actually hold onto and appreciate as it grows in value and rarity. It’s a nice counterpoint to the larger gold holdings.

Has anyone else here done something similar for their children or grandchildren? What were the logistical challenges, and how did you structure it? Are there any specific pitfalls I should be aware of when thinking about passing these assets down potentially tax-free or at least tax-advantaged? Really curious to hear other people’s experiences with this type of long-range, tangible asset planning.