Legislators in three states have introduced bills that would allow for robosigned Wills in place of more formal self-authenticating Wills. Backers of the bills, introduced in Texas, Nevada, and Idaho, say it is a welcome change to the inconvenience and hassle many clients complain about in arranging to sign their own Wills. “This bill will streamline the estate planning process and make things more convenient for the consumer. Frankly, it’s overdue,” said Rep. Jessup R. Stoughton (D-TX), a proponent of the Texas bill, introduced on Tuesday.
The Good Will Act of 2011, as it’s being called, is backed by the mortgage servicing industry as well as by the Sharpie Company, which has a stake in the pen typically used for robosigning. “It’s our way of giving back our good will for others’ good Wills,” a spokesperson for the Mortgage Servicing Assocation said at a press conference in Las Vegas upon introduction of the Nevada bill.
Under each bill being introduced, law firms and “non-lawyer Will servicing arrangers” can apply to be certified robosigners. Upon certification, robosigners may initiate robosigning of Wills in their jurisdictions, provided that the Will is in writing, names a live testator, and is typewritten.