Thinking about family legacy and gold - anyone else structuring their holdings like this?

• •Been thinking a lot lately about how to pass things down, especially with the current economic climate feeling...
• •unsettled, to say the least.
• •My IRA is probably sitting around $350k in gold and silver now , mostly physical, sitting with a custodian out of state.

Been thinking a lot lately about how to pass things down, especially with the current economic climate feeling... unsettled, to say the least. Left the tech rat race about a year ago – thankfully with a decent nest egg from a few good exits – and I’ve been diversifying pretty aggressively into precious metals. My IRA is probably sitting around $350k in gold and silver now, mostly physical, sitting with a custodian out of state.

My kids are still young, like elementary school age. And honest to God, trying to explain the finer points of asset allocation or even basic investing to them right now is a non-starter. But I want to make sure that when they're older, they have something genuinely tangible, something that can weather whatever storms come along that I can’t anticipate. The idea of them inheriting a diversified portfolio of paper assets feels less secure than knowing there’s a stack of Eagles or Maples with their name on it, metaphorically speaking.

So, I’m grappling with the best way to structure this. For the non-IRA holdings, I've considered setting up a trust specifically for a portion of the gold. Not just a standard revocable trust, but something with specific language around these physical assets. I’m also looking at potentially acquiring more fractional pieces specifically for them over time, maybe 1/10th or 1/4 ounce coins they could hold onto themselves when they're older. It feels like a more personal inheritance than just a number in a brokerage account. Has anyone else gone down this road? What are the pitfalls I should be aware of beyond the obvious legal fees?

And on a related note, for those of you with older kids or grandkids, how did you introduce them to the concept of gold as a store of value? I don’t want to scare them, but I also want them to understand the importance of truly holding wealth outside of the traditional financial system. Any anecdotes or advice would be hugely appreciated. Based in SF, so trying to find good local legal counsel who understands this specific niche too.