What happens to your Lili accounts when you die

Lili Core Business Checking

Free business checking, no monthly fee and no minimum opening deposit. Section 3.1 of the account agreement describes it as "a non-interest-bearing business checking account, which does not include a traditional checkbook feature" — all transactions run through the Lili Visa debit card or electronic funds transfer. Up to $3 million in FDIC insurance via the deposit sweep program. Estate handling: no POD or beneficiary designation is available, the account cannot be titled to a trust, and section 7.4 also rules out Conservatorships and Power of Attorney authorizations. The balance passes through probate (sole proprietor) or under the entity's governing documents.

Lili Pro Business Checking

$15.00 monthly or $144 annually ($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. Two fee mechanics matter after a death: the Master Fee Schedule states all plan fees are charged in advance and "any plan fees not paid when due may be collected at any time, from any account or sub-account owned by you," and Lili reserves the right to close any account if plan fees are not paid when due.

Lili Smart Business Checking

$35.00 monthly or $336 annually ($21/month introductory rate for the first 3 months). Pro features plus accounting software with AI transaction categorization, profit and loss and 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 and outstanding bills. Same estate limits: no POD, no trust, no POA, no conservatorship.

Lili Premium Business Checking

$55.00 monthly or $528 annually ($33/month introductory rate for the first 3 months). Smart features plus "VIP Customer Service - Dedicated account specialists to respond to your needs" (agreement s. 3.2.3) and a metal Lili Card. The dedicated specialist is the closest thing Lili has to an estate contact: Premium cases get priority handling, and Lili states that for complex or ongoing issues cases stay open until resolved. Same estate limits: no POD, no trust, no POA, no conservatorship.

Lili Business Savings

Business savings available on all plans, including free Core, and covered by the same $3 million sweep-network FDIC insurance. The published APY table (effective January 13, 2026) is tiered and variable: 2.25% on balances up to and including $500,000, 4.00% on balances over $500,000 up to and including $1,000,000, and no interest or yield on any portion above $1,000,000. No POD or beneficiary designation, no trust titling, no POA authorization. Balances here are what most often push a Lili customer over the sweep threshold, which means an executor will find the money spread across several Sweep Banks rather than sitting at Sunrise.