Register a Will and Protect your assets - in the UAE
Wills for the Future!
Secure your future by protecting your Assets!
Have you ever thought about what will happen to all your priced possession/ assets located in the UAE after your demise? If not, then it’s the right time for you to consider the protection of your assets before it’s too late. Our clients entrust us with their assets protection in the UAE. We will guide you through the most accessible ways of protecting your assets.
There are a number of ways to protect your valuable assets in the UAE. Among them, Drafting and registering Wills is the most preferred, especially concerning expatriates.
What is a Will?
In plain language, a Will is the legal document containing instructions or wishes of a person regarding the disposal of his/her property or assets and appointment of temporary or permanent guardian after death. If you are a Non-Muslim expatriate and want to ease matters for your beneficiaries after death, it’s very important to draft and register a DIFC Will in the UAE. In the absence of a Will, the UAE court will apply Sharia Law to all of your assets (both movable and immovable) situated inside the UAE and right over your children.
This means if a person belonging to any religion dies without a Will, the UAE court will follow inheritance and guardianship provisions as per the Sharia Law. Shariah Law have predetermined set of rules when it comes to the inheritance or property distribution. For instances,
– Wife receives 1/8th of the total asset
– Mother and father gets 1/6 each
Hence, it’s always advisable to register a Will.
Benefits of registering your wills in the UAE.
Distribution of Assets
You can choose your national law as the governing law of the Wills made concerning the UAE Assets and freely distribute it as desired. We provide Wills Registration Services in UAE.
A registered Will ensures that the living parent remains the appointed guardian of minor children after their father’s death. In the absence of a Will, the other parent is at risk of not being appointed as the guardian of the minor children. We provide Wills Registration Services in UAE.
The bank account automatically freezes upon the death of an account holder; be it a single or joint account. But, if you have a Will in place, the surviving spouse can have an overall control of bank accounts upon completion of the probate process. We provide Wills Registration Services in UAE.
Cancellation of Visas
If family’s visas are linked to the deceased father, then the family members needs to leave the UAE within 30 days as per the UAE law. This means that they must resolve the important inheritance issues in an effective and timely manner before leaving the UAE.
For this desired speedy process, having a Will is an important instrument to resolve distribution of assets and appointment of guardians within such short period of time.
So it’s important to have a will to safeguard your assets in the UAE as well as for the protection of your children.
We provide Wills Registration Services in the UAE.
Where can you register your Will?
Wills are registered either at Dubai International Financial Centre (DIFC) or Dubai Court. If you are a Non-Muslim Expats, better to register your Will at DIFC as you will be able to:
– Choose law of your home country
– Frame Wills as per your wish and distribute accordingly
– In-charge of your assets and safeguard your families interest
Because of its nature and significance, drafting a strong, error free Will is absolutely crucial. The team at Legal Maxims Consultants is equipped with professional experts in these matters and is the most trusted ones when it comes to Wills Registration Services in UAE. If you are willing to register your will but wondering how to do it amidst the pandemic, we got the solution for you – We provide Wills Registration Services in UAE.
To obtain more information about Wills Registration in UAE don’t hesitate to contact us.