Estate Planning with a TreasureyDirect.gov account?

[Eric Amundson]

Estate planning with a T.D. account?

    If my heirs have access to my linked bank account, and if my heirs don’t notify T.D. of my death, would it be safe to assume that as soon as there are no more automatic deposits going into that bank account that all the T-Bills and Notes have matured? Or, are there things that might happen after my death that would result in TD “locking down” my account, without my heirs knowing about it.

  For example, could TD possibly get notified by some other source, such as Social Security, that I’ve died, triggering TD to “lock down” my account? Or if my bank insisted on closing the linked bank account that is in my name, to split the existing contents of that account into the names of my heirs, in different accounts, in which case TD would discover that there is no place to send the interest disbursements, and maturing treasuries?