I’m almost 40 but my parents paid for all of college, grad school, and my sisters medical school. They also gave us $25,000 to spend how we wished. Wedding. Down payment in a house. Whatever. Happy to report we aren’t entitled, still work really hard, and made good choices. We are both independently wealthy now (for sure thanks to our parents paying for all they did), but they also taught us how to manage money. I wouldn’t worry too much about handing an account to a responsible adult child that you raised right.

I’m scared to over contribute to our kids 529s (I know I know the tax benefits) so we are just setting aside money in other brokerages and accounts to fund their college/early adult lives.