Long-term financial planning is not just about investing for yourself. If you have a family, you may also want to think about the assets you can leave behind for your loved ones. One way to do this is by preparing an inheritance early.

Building an inheritance over time can give your family access to assets that may help with their future needs. Having a plan in place can also make asset management more organized and help reduce potential complications when those assets are eventually passed on.

How can you start preparing an inheritance for your family? Here are a few steps to consider.

What Is an Inheritance?

An inheritance refers to assets or rights left behind by someone and passed on to eligible beneficiaries after their death. It does not necessarily have to be in the form of cash.

A house, land, a vehicle, savings, or investment assets such as gold can all become part of an inheritance as long as they have economic value. However, an inheritance is not simply about how much wealth is left behind.

These assets can also serve as part of a family’s financial safety net. They could, for example, help cover a child’s education, support everyday living expenses, or provide capital for a business. Preparing an inheritance early can therefore be one part of a broader long-term financial plan.

Why Should You Prepare an Inheritance?

A family’s financial situation can change due to circumstances that are not always within our control. Having assets set aside in advance can help provide financial support when future needs arise.

Beyond providing assets for the family, inheritance planning can also make it easier to organize and manage your wealth. Some of the potential benefits include:

• Helping support your family’s financial well-being in the future.
• Preparing for your children’s future needs, including education.
• Making asset management and distribution more organized.
• Providing peace of mind knowing that you have prepared assets for your family.

How to Prepare an Inheritance for Your Family

Preparing an inheritance does not have to happen all at once. You can build it gradually based on your financial situation and the goals you want to achieve.

1. Define Your Inheritance Goals

Start by deciding what you want the assets to be used for. They could be intended for your children’s education, business capital, everyday family needs, or long-term financial security.

Having a specific goal can help you determine how much you need to set aside and how much time you may need to reach it.

A clear target can also make it easier to build a financial strategy that works for you.

2. Calculate Your Net Worth

Next, take a closer look at your current financial position. One way to do this is by calculating your net worth.

Your total assets may include savings, time deposits, investments, gold, property, vehicles, and other valuable assets. Your liabilities, meanwhile, may include mortgage payments, vehicle loans, credit card debt, and other outstanding loans.

Knowing your net worth gives you a clearer picture of where you stand financially and which assets could potentially be allocated toward your long-term goals.

3. Set Aside Money for Long-Term Goals

Money intended for an inheritance should ideally be kept separate from your day-to-day spending. You can create a dedicated fund and contribute to it regularly each month.

The amount does not have to be large. Set aside an amount that is realistic for your current financial situation.

Keeping these funds separate from your everyday expenses can make it easier to stay consistent as you build assets for the future.

4. Choose the Right Investment Options

Once you have defined your goals and decided how much you can allocate, consider which financial instruments may be suitable for building or storing your assets.

Options may include savings accounts, time deposits, mutual funds, stocks, property, and gold.

Each option comes with its own characteristics and risks. Consider your financial goals, investment horizon, and overall financial situation before deciding which one is right for you.

Gold as an Inheritance Asset

Gold can be one option for those looking to build assets gradually. In addition to physical gold, you can now invest in gold digitally, giving you more flexibility when building your holdings.

With digital gold, you can start buying gold with a smaller amount without having to purchase a large gold bar upfront. Treasury is one platform that offers this option.

Through the Treasury app, you can start investing in gold from Rp5,000. Your digital gold holdings at Treasury are also backed by physical gold on a 1:1 basis. Since transactions can be made through the app anytime and from anywhere, digital gold can be a practical option for those looking to build their assets gradually.

Use the Heir Feature in the Treasury App

Building long-term assets is only part of inheritance planning. It is also worth thinking about how those assets will eventually be passed on to your family.

Treasury provides an Heir Feature that allows you to register your heir’s information directly through the app.

With this feature, your gold holdings in your Treasury account can be passed on to a registered heir in accordance with the applicable terms and conditions. The registered heir must be listed on the Family Card (Kartu Keluarga) submitted by the account holder.

Registering this information in advance can help ensure that the details of the person who is entitled to receive the asset have already been recorded.

You should still understand the applicable inheritance regulations and make sure that all required information and documents are accurate and up to date. By preparing your heir information early, your digital gold holdings can serve not only as a long-term financial asset but also as an asset that can eventually be passed on to your family when needed.

Building an inheritance does not require you to wait until you have accumulated significant wealth. You can start by defining your goals, calculating your net worth, setting aside money regularly, and choosing assets that suit your financial plan.

If gold is one of the assets you are considering, digital gold can be an option for gradually building your holdings. Gold prices on Treasury are also updated every minute, allowing you to check real-time prices before making a transaction.

You do not have to wait until later to start preparing assets for your family’s future. With Treasury, you can start building them today.