I would just theoretically set aside the amount that you want to gift them in your own wallet (write down the amount of btc and hand that paper to them)
When they're ready to self-custody, you send it to them. Too many cases where it will simply get lost otherwise, so you'll feel bad and so will they.
I love this idea; I wanted to gift them a paer-wallet so they have their private keys, without needing a hardware wallet...but everytime I think about it I get hung-up on the nightmare of them losing the paper-wallet; especially since I'm planning to gift them a non-insignificant amount...
their buy-in (putting in the work, buying a cold-storage wallet, etc.) will be enough reassurance for me
thanks again
