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

• Some baby boomers are gifting wealth early to help their children buy homes and build families.
• Financial planners said boomers need to ensure their own personal financial stability first.
• A wealth manager at Citi said a good way to do that is by stress testing their portfolio.

Baby boomers are expected to pass down trillions of dollars of assets in the coming decades, but not all of them want to wait until after they die to do it.

So, how do you know if you're in a position to be able to start passing down your wealth?