A valid will ensures that your assets and belongings are distributed according to your wishes after your passing. In Dubai, drafting a will is important for both residents and expatriates to protect their assets and provide clear instructions for loved ones. Without a valid will, your estate may be distributed according to local laws, which might not align with your intentions. Here is a guide from just wills Dubai to help you understand the essential steps to draft a valid will in Dubai.
Understand Dubai’s legal system:
Dubai follows Sharia law for inheritance matters, but expatriates have the option to draft a will that aligns with their personal preferences under certain conditions. For expatriates, it is essential to register a will with the Dubai International Financial Center (DIFC) Wills and Probate Registry, or Dubai Courts, which allows non-Muslims to distribute their estate according to their will, rather than local laws.
List your assets and liabilities:
Start by making an inclusive list of your assets, such as real estate, bank accounts, investments, personal belongings, and business interests. Don’t forget to list your liabilities as well, including debts or financial obligations. This ensures transparency and helps your executor manage your estate effectively.
Appoint an executor:
An executor is responsible for carrying out the terms of your will after your death. Choose someone you trust, as they will be tasked with ensuring that your assets are distributed according to your wishes. In Dubai, it is also possible to appoint a legal professional as the executor.
Choose beneficiaries:
Beneficiaries are the individuals or organizations that will inherit your assets. Clearly identify each beneficiary, ensuring that there is no ambiguity in your will. It’s also advisable to name alternative beneficiaries in case your primary beneficiaries are unable to inherit.
Draft the will with legal assistance:
Consult a lawyer experienced in UAE inheritance law to draft your will. A legal professional will ensure that your will complies with local regulations and that all the required details are covered. They can also provide valuable guidance on issues such as guardianship for minors, tax implications, and asset division.
Register the will:
Once the will is drafted, it must be officially registered. You can do this with the DIFC Wills Service or Dubai Courts, depending on your preference. Registering the will ensures it is legally recognized and enforceable in Dubai.