Thinking about building a gold legacy for my kids, anyone else?

• •Been chewing on this for a while, especially with everything going on these days.
• •I started my Gold IRA a few years back, got about $180k in it now, mostly Eagles and Maple Leafs.
• •My parents always taught me to keep some physical assets, something you can hold.

Been chewing on this for a while, especially with everything going on these days. I started my Gold IRA a few years back, got about $180k in it now, mostly Eagles and Maple Leafs. Seeing how volatile everything feels, from the market swings to the talk of inflation, I’m really trying to think long-term here, like multi-generational long-term.

My parents always taught me to keep some physical assets, something you can hold. Growing up here in El Paso, on the border, you see a lot of folks from south of the border who understand that tangible wealth better than most. They've seen currencies come and go, governments change on a dime. That perspective really shaped how I view my own investments. I've been building my business for the past 15 years, and a lot of that hustle is fueled by wanting to leave something substantial for my two kids.

So, on the topic of family legacy, how are you all thinking about incorporating gold into that? I’m talking beyond just a Gold IRA for myself. Is anyone setting up separate accounts for their kids or grandkids directly? Or are you planning to transfer some of your existing holdings upon retirement/passing? I've looked into gifting rules, and it seems a bit complex with physical gold and reporting.

My thought is to eventually diversify some of my current gold into their names, maybe even start a small, separate physical stash for them that they can literally see and touch. I want them to understand the value of it, not just as numbers on a statement. What are the tax implications people have run into when trying to pass on physical gold specifically? Any creative solutions or trusts that you’ve found effective for this kind of long-term wealth transfer? Feeling a bit overwhelmed looking at all the options and want to make sure I'm doing this efficiently and effectively.