diff --git a/cadence/transactions/evm/create_account.cdc b/cadence/transactions/evm/create_account.cdc
index 57d31241..e670783b 100644
--- a/cadence/transactions/evm/create_account.cdc
+++ b/cadence/transactions/evm/create_account.cdc
@@ -1,31 +1,62 @@
-import "EVM"
+import "Burner"
 import "FungibleToken"
 import "FlowToken"
+import "EVM"
 
 /// Creates a COA and saves it in the signer's Flow account & passing the given value of Flow into FlowEVM
 ///
 transaction(amount: UFix64) {
-    let sentVault: @FlowToken.Vault
-    let auth: auth(IssueStorageCapabilityController, IssueStorageCapabilityController, PublishCapability, SaveValue, UnpublishCapability) &Account
+    let fundingVault: @FlowToken.Vault?
+    let coa: &EVM.CadenceOwnedAccount
+
+    prepare(signer: auth(BorrowValue, SaveValue, IssueStorageCapabilityController, PublishCapability) &Account) {
+        /* --- Configure COA --- */
+        //
+        // Ensure there is not yet a CadenceOwnedAccount in the standard path
+        let coaPath = /storage/evm
+        if signer.storage.type(at: coaPath) != nil {
+            panic(
+                "Object already exists in signer's account at path=".concat(coaPath.toString())
+                .concat(". Make sure the signing account does not already have a CadenceOwnedAccount.")
+            )
+        }
+        // COA not found in standard path, create and publish a public **unentitled** capability
+        signer.storage.save(<-EVM.createCadenceOwnedAccount(), to: coaPath)
+        let coaCapability = signer.capabilities.storage.issue<&EVM.CadenceOwnedAccount>(coaPath)
+        signer.capabilities.publish(coaCapability, at: /public/evm)
 
-    prepare(signer: auth(BorrowValue, IssueStorageCapabilityController, PublishCapability, SaveValue, UnpublishCapability) &Account) {
-        let vaultRef = signer.storage.borrow<auth(FungibleToken.Withdraw) &FlowToken.Vault>(
-                from: /storage/flowTokenVault
-            ) ?? panic("Could not borrow reference to the owner's Vault!")
+        // Borrow the CadenceOwnedAccount reference
+        self.coa = signer.storage.borrow<&EVM.CadenceOwnedAccount>(
+                from: coaPath
+            ) ?? panic(
+                "Could not find CadenceOwnedAccount (COA) in signer's account at path=".concat(coaPath.toString())
+                .concat(". Make sure the signing account has initialized a COA at the expected path.")
+            )
 
-        self.sentVault <- vaultRef.withdraw(amount: amount) as! @FlowToken.Vault
-        self.auth = signer
+        /* --- Assign fundingVault --- */
+        //
+        if amount > 0.0 {
+            // Reference the signer's FLOW vault & withdraw the funding amount
+            let vault = signer.storage.borrow<auth(FungibleToken.Withdraw) &FlowToken.Vault>(from: /storage/flowTokenVault)
+                ?? panic("Could not borrow a reference to the signer's FLOW vault from path=/storage/flowTokenVault")
+            self.fundingVault <- vault.withdraw(amount: amount) as! @FlowToken.Vault
+        } else {
+            // No funding requested, so no need to withdraw from the vault
+            self.fundingVault <- nil
+        }
     }
 
-    execute {
-        let coa <- EVM.createCadenceOwnedAccount()
-        coa.deposit(from: <-self.sentVault)
+    pre {
+        self.fundingVault == nil || self.fundingVault?.balance ?? 0.0 == amount:
+            "Mismatched funding vault acquired given requested amount=".concat(amount.toString())
+    }
 
-        let storagePath = StoragePath(identifier: "evm")!
-        let publicPath = PublicPath(identifier: "evm")!
-        self.auth.storage.save<@EVM.CadenceOwnedAccount>(<-coa, to: storagePath)
-        let addressableCap = self.auth.capabilities.storage.issue<&EVM.CadenceOwnedAccount>(storagePath)
-        self.auth.capabilities.unpublish(publicPath)
-        self.auth.capabilities.publish(addressableCap, at: publicPath)
+    execute {
+        // Fund if necessary
+        if self.fundingVault != nil || self.fundingVault?.balance ?? 0.0 > 0.0 {
+            self.coa.deposit(from: <-self.fundingVault!)
+        } else {
+            Burner.burn(<-self.fundingVault)
+        }
     }
 }