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[quote=Anonymous][quote=Anonymous][quote] Good for you! ( I mean that---I'm not the obnoxious PP). We plan to do the same for college (once grandkids arrive). We gift our kids yearly as well. In reality, once you do all of that, the inheritance doesn't matter as much. Not having to save for college and getting $50K/year will set up almost any responsible person for an amazing UMC+ lifestyle.
I used to think---just give it all away. But as our kids hit college and beyond and I see what good people they are and how motivated they are, I have less and less issue leaving majority for them.[/quote]

For people gifting to kids annually now, at what point did you feel comfortable doing that? Was it $x million a year in income, or $x amount of net worth? We are wondering if/when we should start this.[/quote]

Not sure what level.  We were at least $10M+ Total networth.  But we started when oldest had their first W2 income.  We decided to match their income up to the Roth amount.  So they got to keep their earnings and invest it, while also investing in a Roth (retirement account).  We paid for most expenses in HS/College so the kid happily saved everything else (and loves to save).  Then when graduated college we started with another $10K/year so they can max their retirement and Roth.

Now we are UHNW, so we started the $36K/year gifting.  But it also aligned with them graduating college.  I wouldn't gift a college kid that amount, unless you trust them to just save it.

IMO, if you have enough for luxury retirement and then some, it's time to start considering gifting now, when it makes the biggest impact. 
But when we did that, we had enough to live our luxury lifestyle in retirement until 95+ and barely touch our investments  Figured the money helps the kids much more as they are in their 20/30s than in their 60s
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