Giving money to your children can be an incredibly meaningful way to support them while you are still here to see the impact. You may want to help with a home purchase, pay for college, support a growing Family, or begin transferring wealth before it eventually passes through your Estate.

However, the biggest risk is not always giving too much. Problems often arise when parents give the wrong asset, at the wrong time, without the right documentation or legal structure.

In this episode of A Wiser Retirement® Podcast, Senior Financial Advisor Shawna Theriault, CFP®, CPA, CDFA® and Estate Planning Attorney Arun Gupta explain how to give money to your children in a way that is generous, intentional, and less likely to create tax or family complications.

Related Podcast Episodes: 

Ep 346. Estate Planning Coordination: How Your Attorney, CPA, & Financial Advisor Work Together

Ep 314. The Simple Estate Planning Error That Could Hurt Your Family

Related Financial Education Videos:

Piggy Banks to Paychecks: How Kids Learn About Money

Can You Transfer or Repurpose a 529 After Graduation?

Learn More:

Founded in 2001, Wiser Wealth Management is a fee-only Fiduciary financial planning and wealth management firm helping individuals, families, and business owners make informed financial decisions.

Have questions about your financial plan? Schedule a Complimentary Consultation to discover how we can help you achieve financial freedom.  

Access Our Free Guides: Gain valuable insights on building a financial Legacy, the importance of a financial advisor for business owners, and the tax impact on inheritance, and more!

Stay Connected:

Follow Wiser Wealth Management on Social Media: Facebook | Instagram | LinkedIn | Twitter
Subscribe to A Wiser Retirement® YouTube Channel for more financial education videos and podcast episodes.

This podcast was produced by Wiser Wealth Management. Thanks for listening!

Most Recent Episodes

July 19, 2026

350. Can a Pilot Retire at 55? Running the Real Numbers

Many people dream of becoming an airline pilot, while many pilots eventually dream of retiring early. Retiring at 55 offers more time for family, Travel, hobbies, or a new chapter outside aviation,...

Listen · 41:28

July 12, 2026

349. Inheriting Money: What to Do First?

Over the next two decades, an estimated $124 trillion is expected to pass from one generation to the next. For many people, receiving an inheritance can feel overwhelming. The first challenge usually...

Listen · 38:30

July 5, 2026

348. How Do You Build Generational Wealth?

When people hear the phrase “generational wealth,” they often picture trust funds, family empires, and names like Rockefeller or Kennedy. Real generational wealth is not just about leaving behind...

Listen · 51:58

Load More Episodes

Casey Smith President, Wiser Wealth Management

Casey T. Smith, President of Wiser Wealth Management, started the company in 2001. Prior to starting Wiser Wealth Management, Casey worked for a brokerage firm and quickly became unhappy with the traditional brokerage commissions agenda. After seeing many financial advisors and companies acting in their own interest and not thinking about what is right for the client, he decided to create his own firm focused on what is best for the client. In June 2001, Casey became a Registered Investment Advisor and formed a fee-only financial services firm, which later became Wiser Wealth Management, Inc.

For more than 20 years, Casey has grown Wiser Wealth into a firm that is centered around client service and retention. His fee-only firm accepts fiduciary responsibility for its clients’ investments and welcomes investors of all wealth levels. In addition to financial planning and investing, Casey positioned Wiser Wealth to offer a seamless process through our network of professionals for insurance needs, tax planning and strategies, and estate planning and business legal services.

Casey earned a Bachelor of Science degree in Finance from Berry College in Rome, GA. He serves on the board of the Berry College Campbell School of Business Executive Advisory Committee and Berry College Board of Visitors.

Casey is married to his high school sweetheart Angela and they have three children. Casey is also a retired airline Captain and still enjoys flying and playing golf in his spare time.