X @Nick Szabo

Financial Planning & Wealth Transfer - A client's 40-year-old son earns $92 thousand annually but lives in a rental apartment, while the client possesses $5.1 million in assets [1] - The client was hesitant to provide financial assistance, fearing it would enable the son [1] - The son was spending $2.8 thousand per month on rent [1] - A $225 thousand gift was structured to enable the son to purchase a home [1] Generational Wealth & Timing - The report suggests that children may need financial assistance more at age 35 than at age 65 [2] - The high cost of housing (e g, $500 thousand for a house), daycare ($2.4 thousand per month), and student loans ($87 thousand) create financial pressures for younger generations [2] - The report advocates for giving inheritance while alive to witness its impact [2]