NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has executed its first electronic will (eWill) transaction in Nevada using remote online notarization (RON). The transaction was conducted on behalf of a client of Reno-based law firm Laub and Laub.
NEWPORT BEACH, Calif. /Mortgage and Finance News/ — NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has executed its first electronic will (eWill) transaction in Nevada using remote online notarization (RON). The transaction was conducted on behalf of a client of Reno-based law firm Laub & Laub.
“For an eWill, the notarial act become even more critical, as it helps ensure that the will holds up in probate,” said NotaryCam Founder and CEO Rick Triola. “Utilizing RON to authenticate this critical document not only adds an extra layer of assurance, but it also enables Nevada residents to execute the document at their convenience, eliminating the need to take time out of their day to travel to their attorney’s office to complete the transaction. NotaryCam is honored to be among the first RON providers to execute an eWill transaction in the state of Nevada.”
Nevada has recognized the legality of eWills since 2001, but only since the passage of Nevada’s RON bill last year have attorneys within the state had the ability to remotely execute them with their clients. To ensure the wishes laid out in the eWill survive probate, NotaryCam added security measures including video recording of the signing ceremony, tamper-sealing on the document and registering the transaction into blockchain.
“This was the first will I’d ever done with a notary online, and I thought the process was pretty amazing. I could see the two witnesses and the notary all on my screen, and they could see me so there was no question as to whether the appropriate parties were in place,” said Nik. C Palmer, Esq., the attorney from Laub & Laub involved in the eWill signing. “The NotaryCam platform made it easy to ask questions and share information right then and there. The entire ceremony took 15 minutes and was quicker than it would have been in our office.”
“April 16 is National Healthcare Decisions Day, which serves as an important reminder for every person over 18 to begin having conversations with their loved ones about their private wishes for medical and end-of-life care,” Triola added. “While one typically thinks of a will as a document outlining the dispensation of a person’s assets after their death, living wills provide individuals with the opportunity to communicate their healthcare wishes in the event they are unable to do so. By allowing eWills, or any wills for that matter, to be remotely notarized, Nevada has eliminated several barriers that might have otherwise prevented individuals from engaging in advanced care planning.”
After pioneering the world’s first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 145 countries. The company’s patented eClose360(R) platform delivers the “perfect” online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.
Visit https://www.notarycam.com for additional information or to get a document notarized today.
Twitter: @NotaryCam #RON #ewill #enotary
Learn More: https://www.notarycam.com/
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