Thinking about my kids' future with gold - anyone else?

• •Been thinking a lot lately about how to set my kids up, especially my two who are still in high school.
• •My old man always drilled into me the importance of owning hard assets, and after 30 years in steel, I certainly get it.
• •My Gold IRA's been a steady ship for me, sitting around $300k, and it’s a comfort to know it’s not tied to every dip and dive of the market.

Been thinking a lot lately about how to set my kids up, especially my two who are still in high school. My old man always drilled into me the importance of owning hard assets, and after 30 years in steel, I certainly get it. My Gold IRA's been a steady ship for me, sitting around $300k, and it’s a comfort to know it’s not tied to every dip and dive of the market. But now I'm grappling with the best way to pass some of that stability on.

I've got a couple of options rattling around my head. One is to just have them inherit my current IRA, but I wonder if it might be better to set up individual accounts for them sooner rather than later. I'm talking maybe a small initial investment, even a few thousand for each to start, so they can see how it works and understand the value beyond just a number on a screen. My wife thinks I’m overthinking it and should just focus on my own retirement for now, but I remember my grandad telling me stories about how his folks struggled during the Depression, and that always stuck with me, even growing up comfortably in Birmingham.

Anyone here gone through something similar with passing on precious metals? Did you gift it directly, or set up separate accounts? What were the tax implications you ran into, if any? I'm trying to navigate this without making a mess for them down the road. I've always viewed gold as long-term wealth preservation, not a get-rich-quick scheme, so I want to instill that same mindset in them.

I've been browsing some of the articles on the Learning Center, which has been helpful for understanding the basics, but specific advice on family gifting and legacy planning is always a bit less common. Any personal experiences or wisdom would be greatly appreciated.