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Can Your Beneficiaries Inherit Your Frequent Flier Miles?

Posted Friday, February 1, 2013 by Pivotal Law Group

alt textWhat happens to your frequent flier miles when you die? You may not have given much thought to the question, but if you have miles worth thousands of dollars in your airline accounts, you may want to consider designating beneficiaries for these accounts. Currently, some airlines—including U.S. Airways, American Airlines, and JetBlue Airways—allow the transfer of frequent flier miles to a beneficiary and have clear policies outlining the inheritance rights of these miles. Other companies, such as Southwest Airlines, do not provide for the transfer of mileage, while Delta Air Lines and United Airlines are less clear about their frequent flier mile policies.

Regardless of which airline you have a mileage account with, it is important to plan ahead. In addition to investigating your airline’s frequent flier mile policy, you may also consider designating who receives your miles in your will. It may also be wise to prepare a list of your frequent-flier account numbers and passwords for your beneficiaries. If you would like to incorporate your frequent flier miles into your estate planning, give Pivotal Law Group, PLLC a call today.

For more information, contact Emily Rao at (206) 805-1493.

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