If you are a resident or a non-resident with assets in Dubai, it is essential to have the will to protect your assets and ensure they are distributed according to your wishes. A Dubai will for expats is a legal document that outlines how your assets will be distributed after your death. In Dubai, wills are governed by the UAE’s federal law, and specific rules and regulations must be followed to ensure that your will is valid. Here’s what you need to know about protecting your assets with Dubai wills:
Who needs a Dubai will?
Anyone who owns assets in Dubai should have a will in place. This includes both residents and non-residents. Without a will, your assets will be distributed according to Sharia law, which may not align with your wishes.
What will a Dubai cover?
A Dubai will cover all your assets in Dubai, including property, bank accounts, and other financial assets. You can use your will to specify how your assets will be distributed among your heirs, including family members, friends, and charities.
How to draft a Dubai will?
To draft a Dubai will, you will need to work with a qualified lawyer who has experience in UAE’s federal laws. The will must be written in Arabic, and two witnesses must be present during the will’s sign. The will is written in a language other than Arabic and must be translated into Arabic by an approved translator.
What happens if you don’t have a Dubai will?
If you die without a will in Dubai, your assets will be distributed according to Sharia law. Your assets will be divided among your heirs according to a predetermined formula, which may not align with your wishes. For example, under Sharia law, male heirs generally receive a larger share of the inheritance than female heirs.
What are the benefits of a Dubai will?
Having a Dubai will provide peace of mind and ensure your assets are distributed according to your wishes. A will can also help to minimize disputes among family members and other heirs after your death. Additionally, a will can simplify the probate process and reduce the time and cost of settling your estate.
If you have assets in Dubai, it is essential to have the will to protect your assets and ensure that they are distributed according to your wishes. Working with a qualified lawyer with experience in UAE’s federal laws can help ensure that your will is valid and legally binding.