Let Your Heirs Take To The Air When You Pass Along Frequent Flier Miles
Feb. 1, 2013
February 1, 2013
Have you ever thought about what happens to your frequent flier miles after your death? Believe it or not, frequent flier miles are an estate asset, just like your house or bank accounts, and they often can be bequeathed to another person in an estate plan.
Although not all airlines accept this transfer, many do, so we encourage our clients to consider passing on those miles in a will or trust.
A great article to learn more about the afterlife of frequent flier miles is located at http://travel.nytimes.com/2012/11/25/travel/the-afterlife-of-your-frequent-flier-miles.html