Boomers who want to transfer wealth to their adult kids should make sure their finances can pass a stress test

Several baby boomers are gifting wealth to adult children early to assist with home buying and starting families, emphasizing the importance of financial stability for the giver.

Transferring wealth early must be done within financial means, with financial planning crucial to ensure needs are met before helping children, as stated by a wealth advisor at Citi.

Read at Business Insider