Tuesday, November 12, 2019
When putting together a will, often times people diligently lay out a laundry list of specific requests that have immense sentimental value. The gifts could involve cars, jewelry passed down through the family, or pieces of art. But for those that share a special pastime of watching sports with a child or other beneficiary, the ability to pass on season tickets might be one of the most memorable and meaningful component of an estate plan. Depending on the sports program, this ability could be attainable.
- Detroit Lions
- Season tickets can be transferred with prior approval of the ticket office, but partial transfers or subdividing accounts are generally not approved.
- Michigan Wolverines
- Officially, only a surviving spouse can be transferred season tickets, but the office may be willing to work with other family members. Since 2015, tickets can be transferred while alive during the month of December, with a nonrefundable transfer fee. Parking and priority points (used for bowl and away games) are not transferrable.
- Michigan State Spartans
- During life or at death, season tickets can only be transferred to the ticket holder's spouse, unless the holder has acquired special permission.
For other states' professional and collegiate teams, be sure to inquire about their season ticket policies.
See Rebecca K. Wrock, Season Ticket Transfers and Estate Planning: Football, Varnum Law, November 11, 2019.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.