Airline Miles after DeathSubmitted by Karstens Investments on September 25th, 2017
By Ryne Bessmer, AIF
If you are a rewards program junkie and you have worked hard to accumulate a great quantity of points or miles with an airline, you may want to investigate your airline’s policy for distributing any rewards left when you die and then plan accordingly. The rules of your airline’s loyalty program are the biggest key in determining whether your accrued points may be transferred upon death. It is important to understand that the rewards are not your assets and - in most cases - will not be automatically bequeathed to your heirs. In nearly all cases, airlines will assume control of your miles when you pass away.
The best option may be to use your rewards or miles now rather than risking the chance of losing them. Many rewards programs are exible and allow you to redeem them for everything from plane tickets or hotels, to merchandise or even cash. Unless you are saving for a speci c reward or status, you may want to consider cashing in as you go, rather than letting your balance accumulate along.