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43

Can I give gold to my children or grandchildren, or leave it to my heirs?

.43 On what occasions is gold an appropriate gift? 
.43 Is gold a good gift for young people?
43 Can you ship gold that I buy as a gift?
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Answers

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43

Can I give gold to my children or grandchildren or other heirs?  Along with real estate, gold has traditionally been the way to transfer wealth from one generation to the next. Many people take advantage of the $10,000 annual untaxed gift limit to pass down a permanent form of wealth within the family, on a regular basis. Our $10,000 gold portfolio is designed to be just such a holding.  See our Gift Portfolio page.

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43a

On what occasions is gold an appropriate gift? Traditionally, gold coins are given as  wedding gifts, and also are given to newborns. There is no better start for a couple just getting married, than to receive some gold as a savings for future use. Bestowing gold coins on new babies is also a popular gift of gold. Graduations are also an appropriate time, as that's when a young person starts out in the world, and shouldn't have to do so empty-handed, so to speak. 

43b

Is gold a good gift for young people? We think gold is much better than cash as a gift, in that gold has a permanence that plain money doesn't have- money is to be spend, gold is to be saved. A gift of gold presents a young person with the idea of savings, a sense of permanent wealth, as opposed to some numbers that simply flow through his or her checking account. Gold has a weight, presence, and brilliance, that distinguish it from other financial assets a person might own. Hopefully, it gives a sense of savings and thrift. But certainly, it will make more of an impression than just another check. 

43c

Can you ship gold that I buy as a gift? Yes, we can ship gold directly to the recipient you chose, anywhere in the United States. They will receive your gift via Registered U.S. Mail, and we can include a card from you if you'd like. Some of our clients take advantage of the annual tax free gift limit, and give their children or grandchildren $10,000 packages each year. We have a gold bullion package designed for just that purpose:   See our Gift Portfolio Page

Let us know if you'd like to make such a gift to your loved ones.

 

 

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