Creating a will with the help of Just wills Dubai is a crucial aspect of estate planning, ensuring that your assets are distributed according to your wishes after your passing. In Dubai, wills are governed by specific laws and regulations that dictate their validity and enforceability. Whether you’re a resident or an expatriate, here are five important things to know about wills in Dubai.
Application of Sharia law:
In Dubai, wills are subject to the principles of Sharia law for non-Muslim expatriates. This means that if you pass away without a will, your assets will be distributed according to Sharia inheritance rules, which may not align with your wishes or cultural practices. To avoid this scenario, it’s essential to create a will that specifies how you want your assets to be distributed.
DIFC wills for non-muslim expatriates:
Non-Muslim expatriates in Dubai have the option to create a will under the jurisdiction of the Dubai International Financial Centre (DIFC). DIFC wills provide expatriates with greater flexibility and control over the distribution of their assets, allowing them to bypass the application of Sharia law. DIFC wills are recognized and enforced within the DIFC jurisdiction, providing expatriates with peace of mind regarding their estate planning.
Registration and notarization:
In Dubai, wills must be registered and notarized to be considered valid and enforceable. This involves signing the will in the presence of witnesses and having it notarized by a registered notary public or through the DIFC Wills Service Centre for DIFC wills. Registering and notarizing your will ensures that it meets the legal formalities required by Dubai law and reduces the risk of disputes or challenges to its validity.
Appointment of executors and guardians:
When creating a will in Dubai, you’ll need to appoint executors to administer your estate and guardians to care for minor children or dependents. Executors are responsible for managing the distribution of your assets according to your wishes, while guardians are entrusted with the care and upbringing of your children in the event of your passing. Choose trusted individuals who are capable of fulfilling these roles responsibly and effectively.
Review and update regularly:
Finally, it’s essential to review and update your will regularly to reflect any changes in your circumstances or wishes. Life events such as marriage, divorce, birth of children or grandchildren, acquisition or sale of property, and changes in financial circumstances may necessitate updates to your will. By keeping your will current and relevant, you can ensure that your assets are distributed according to your wishes and avoid complications or disputes.