TaxACT Introduces an Easy and Affordable DIY Solution for Estate Planning
A few extra minutes at tax time enables consumers to prepare their wills as well.
CEDAR RAPIDS, IA - (Marketwire - January 14, 2013) - The makers of TaxACT®, the critically acclaimed leader of affordable tax preparation solutions, now offer an online last will and testament solution. LegalACT™ Will empowers consumers to create a will from the comfort of home on a computer or tablet browser in minutes.
"Tax time is an ideal time for will and estate planning," said TaxACT President JoAnn Kintzel. "Life changes impacting your taxes are the same changes that should prompt taxpayers to create or update their wills."
With LegalACT Will, users can create a last will and testament on a computer or tablet browser in a few simple steps. After completing an interview-based questionnaire, users can preview and edit their wills, and then print or download the document.
"More than seven out of 10 Americans do not have a will, in part because people assume a lawyer's services are required," said Kintzel. "TaxACT has made creating your own will online easy and affordable, just as we do with tax filing."
A last will and testament ensures an individual's final wishes for family and property are accurately followed. Without a will, state intestacy law determines who inherits your property. LegalACT Will allows users to:
- Nominate a personal representative, often called an executor;
- Nominate a guardian of children and a trustee for property left to them;
- Designate distribution of one's personal property, including cherished family heirlooms; and
- Indicate final wishes for funeral and burial or cremation.
Consumers can purchase one LegalACT Will for $9.95 and a second for a spouse or loved one for $5 more.
TaxACT, made by 2nd Story Software®, is the critically acclaimed leader of affordable digital and download tax preparation solutions for consumers, business owners and tax professionals. In the 2005 tax season, TaxACT became the first to offer free federal tax software and e-file to all U.S. taxpayers. TaxACT has been the second-most visited online tax preparation destination for the past seven consecutive years. Since 2000, TaxACT Online has assisted with more than 38 million e-filed federal returns. TaxACT is a business of Blucora™ [NASDAQ: BCOR]. Learn more about TaxACT at www.taxact.com and www.taxact.com/press.
TaxACT Public Relations
(319) 373.3600 X2193
1 According to collective week end reports for taxact.com and taxactonline.com released by Hitwise™ during the 2005, 2006, 2007, 2008, 2009, 2010 and 2011 tax seasons.