What happens to your Lili accounts when you die
Covers 5 deposit, and 1 lending accounts — all transfer through probate
Lili Customer Support (no dedicated estate or bereavement team; death claims are worked as a support case)
Phone(855) 545-4380
Emailsupport@lili.co
WebsiteNotify online→
Verified Jul 2026
Lili does not currently support beneficiary designations, transfer-on-death registrations, or trust account titling on any account type. All Lili accounts pass through the estate at death and may require probate.
When an account holder dies, the executor or administrator will need to contact Lili with a death certificate and legal authority documents to claim account balances. The process and required documents are covered on the death claim page.
Lili does not currently support beneficiary designations (POD or TOD) on any account type. All accounts transfer through the estate at death and may require probate.
Why trust accounts are not available
Lili does not support retitling accounts into a trust, naming a trust as beneficiary, or any other probate-avoidance mechanism. Account balances transfer through the estate at death. This is a hard "no" in two separate places in the controlling agreement, not a soft policy that a support agent can override. Both the eligibility section ("We do not open accounts for Trusts or non-US based charitable organizations") and section 7.4 ("We do not support Trust accounts, Conservatorships, or Power of Attorney authorizations at this point in time") close the door. The estate-planning consequence is direct: whatever sits in a Lili account at death is going through probate or through the entity's governing documents, so the two levers you actually have are (a) keep the balance low and (b) make the entity's succession documents do the work the bank account cannot.
Lili Core Business CheckingLili Pro Business CheckingLili Smart Business CheckingLili Premium Business CheckingLili Business Savings
Lili Core Business Checking
Free business checking, no monthly fee and no minimum opening deposit. Lili Visa debit card, unlimited money movements, early direct deposit, mobile check deposit, basic expense tools. Up to $3 million in FDIC insurance via the deposit sweep program (balances above $246,500 are swept nightly into Sweep Accounts at other FDIC-insured banks). Estate handling: no POD or beneficiary designation is available, the account cannot be titled to a trust, and section 7.4 of the Sunrise Banks Account Agreement also rules out Conservatorships and Power of Attorney authorizations. The balance passes through probate (sole proprietor) or under the entity's governing documents.
Probate Required
Lili Pro Business Checking
$15/month ($9/month introductory rate for the first 3 months). Core features plus tax-category expense sorting, receipt attachment, quarterly and annual expense reports, and automatic tax fund allocation. Same estate limits as every Lili account: no POD or beneficiary designation, no trust titling, no POA authorization, no conservatorship. Note that the monthly plan fee keeps accruing against the balance after death until the account is closed.
Probate Required
Lili Smart Business Checking
$35/month ($21/month introductory rate for the first 3 months). Pro features plus accounting software with AI transaction categorization, profit and loss statements, cash flow reporting, unlimited invoicing with payment acceptance, bill management, and external account sync. For an executor, the accounting and invoicing records in this tier are the practical inventory of the decedent's receivables. Same estate limits: no POD, no trust, no POA, no conservatorship.
Probate Required
Lili Premium Business Checking
$55/month ($33/month introductory rate for the first 3 months). Smart features plus a dedicated account specialist with priority handling and a metal Visa Business Pro debit card. The dedicated specialist is the closest thing Lili has to an estate contact: Premium cases get priority handling and stay open until resolved. Same estate limits: no POD, no trust, no POA, no conservatorship.
Probate Required
Lili Business Savings
Business savings earning up to 4.00% APY (variable; tiered, with the top tier on balances above $500,000). Available on all plans, including free Core. Covered by the same $3 million sweep-network FDIC insurance. No POD or beneficiary designation, no trust titling, no POA authorization. Balances here are what most often push a Lili customer over the $246,500 sweep threshold, which means an executor will find the money spread across several Sweep Banks rather than sitting at Sunrise.
Probate Required
Sources
Data sourced from Lili primary sources (13 pages reviewed). How we research.
Download these Lili instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Lili primary sources. Bring it to the branch or keep it beside the phone.
Lili Customer Support (no dedicated estate or bereavement team; death claims are worked as a support case)
Phone(855) 545-4380
Emailsupport@lili.co
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your Lili accounts and other assets with trusts, beneficiary designations, and estate planning documents.
