Protecting your personal interest in the UAE’s ever-changing business environment calls for more than simply operational knowledge. Putting in place efficient estate planning tools, such asWills guarantees seamless succession. In accordance with regional rules and regulations, this note explores the same.
A will is a legal document that specifies the distribution of a person’s possessions after their passing. Depending on a person’s residency status and religious affiliation, the UAE has several laws governing wills.
Non-Muslim Wills:
- DIFC: Non-Muslim residents in Dubai can register their Wills with the DIFC Wills Service Centre, ensuring that their assets are distributed according to their wishes, irrespective of Sharia law.
- Abu Dhabi Wills: In Abu Dhabi, non-Muslim residents can register their Wills with the Abu Dhabi Judicial Department
- Similarly, in Dubai, non-Muslim residents can register their Wills with the Dubai Courts in Dubai
WILLs for expat Muslims:
Lately Abu Dhabi Judicial Department has started a process for registration of WILLs for expat muslims.
Benefits of Implementing Wills
WILLs help you to protect the interests of your legal heirs in a foreign land having a different legal system.
Legal Considerations in the UAE
When establishing Wills, it is essential to consider the following legal aspects:
Professional Guidance: Engage with legal professionals experienced in UAE estate planning to navigate the complexities of these structures and ensure their effectiveness.
Jurisdictional Requirements: Ensure that the chosen structure complies with the laws of the relevant jurisdiction, whether it be DIFC, Dubai or Abu Dhabi
Compliance with UAE Laws: All structures must adhere to UAE laws and regulations, including those related to asset ownership, inheritance, and taxation.
