Would you give your 20-something kids $250,000?

Mine are just entering their 20’s. One already finished college and has $250K offers from Netflix and Google. The other is going into med school. They are on the right track. No drugs. Super stable long term relationships.

I want to move money into their names now but not sure just transferring $500K to their accounts is the smart thing. We don’t want to discourage them from working or goals.

Is a trust a better idea? Or just wait until they need money for something big like a wedding, house, etc?

We’re GenX and don’t believe in the boomer mentality of waiting until we’re dead in 50 years to give them money.

Not like we can spend millions in the next 50 years? I mean guess we can, but I’d rather give some to them now and watch them become multimillionaires. They will help us later on if we needed anyway.

*Thank you all for the great feedback. Much appreciated *