Making a Will in Dubai, UAE
The United Arab Emirates, a country of rapid development, requires special attention to inheritance issues. This is especially true for expats whose families and assets may be located both in the UAE and outside of it. Law No. 15 of 2017 in Dubai sets out clear rules for making wills for non-Muslims to prevent unpleasant consequences and ensure a peaceful inheritance of your estate.
If you are over the age of 21, are a parent of children under 21, or own assets in the Emirates, a will becomes an integral step. It is important to remember that in the absence of a will, inheritance will be determined by the Law of the region, which may not be in line with your wishes.
A will gives you the ability to control the fate of your estate and manage it after you are gone. You can specify:
- Child custody: identify who will care for your children, either permanently or temporarily.
- Distribution of assets: identify specific people or charities to whom you want your assets to go.
- Business succession planning: identify who will run your business after you are gone and how the property will be distributed.
Benefits of a will:
- Respecting your wishes. A will ensures that your estate will be distributed according to your instructions.
- Preventing family disputes. Clearly defined heirs prevent potential conflicts and costly litigation.
- Reducing your tax burden. A will can help reduce the tax burden on heirs.
Types of Wills for expats:
A full will covers all your assets in and outside the UAE.
A partial will covers only certain assets.
Recommendations:
- Consult a qualified lawyer specialising in inheritance in the Emirates.
- Keep the will in a safe place.
- Review the will regularly according to changes in your life and assets.
A will in the UAE is an essential document for expats who wish to provide peace of mind for their loved ones and retain control of their assets after death. Don't put off making a will, take care of the future of your loved ones and your family today.
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