Estate Planning for Digital Assets
7 May 2026
In today’s digital age, loyalty programs and airline miles have become valuable assets. From frequent flyer miles to credit card reward points, these digital currencies can add significant value to an estate. However, they often go overlooked in estate planning.
Incorporating loyalty points and airline miles into your estate plan is an essential step in ensuring that these valuable digital assets are properly managed.
Steps to Include Loyalty Points and Airline Miles in Your Estate Plan
1. Compile a detailed list of all loyalty programs and frequent flyer accounts, including account numbers, balances, and login information as executors may face challenges in accessing and managing these digital assets. Remember to keep this inventory updated.
2. Check the rules regarding the transferability of points and miles for each program. Some programs may allow transfers to family members or beneficiaries, while others may have restrictions or require specific documentation.
3. Clearly outline how you want your loyalty points and airline miles to be handled and specify a beneficiary for each account in your Will.
4. If your executor is not tech savvy consider appointing a person to be responsible for managing your digital assets.
5. Keep your account login information and access details securely. Options include using a password manager, creating a digital estate plan document or providing copies to trusted individuals. Ensure that your executors and beneficiaries know where to find this information.
As loyalty programs and airline miles continue to grow in importance, their inclusion in estate planning becomes increasingly vital for a seamless and efficient transfer of assets to beneficiaries.
For further advice about your specific situation, get in touch with our Senior Law and Succession Team today.
Disclaimer: The information contained in this publication is of a general nature and is not intended as legal advice. It is important that you seek legal advice that is specific to your circumstances.
