Estate planning may seem daunting right now. You might be working from home with the only option of technology to provide workplace connection, you may be experiencing the stress of heading to the office in current times, you may not even have a job at all, or you may be witnessing those around you struggle. However, Illinois has passed a new law to allow virtual estate planning.
Executive Order 2020-14 is called “the Order” and allows notary public and remote witnessing of documents. According to an article in the Daily Herald, “New Illinois law allows virtual estate planning,” these are the highlights:
• Any witnessing required by Illinois law may be completed remotely via two-way audio video technology per the Order’s guidelines.
• The requirement that a person must “appear before” a notary public is satisfied if the notary public conducts the remote notarization via two-way audio video technology provided the notary public is located in Illinois while executing her notarial act.
•The witness and signatory must attest to be physically located in Illinois during the two-way audio-video communication.
•The two-way audio-video recording must be kept for three years by the person signing the document or someone the person signing the document appoints.
With a lot going on, this can hopefully be one way to ease a bit of your burdens. Link to full article below.
The Law Offices of Lora Fausett P.C. provides real estate law services including loan modifications, buying and selling legal assistance, short sales and deeds in lieu, mortgage foreclosure defense, and more.
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