Wills In Dubai
A valid Will is the most effective way of ensuring your wishes are carried out after your death. Wills in Dubai are made more complex by the array of options available to expats. Whilst there is no fixed format in which a Will must be written, there are legal processes which must be complied with in order for it to be valid.
Many people write their own Wills and where circumstances are simple this is often the most cost-effective method. However, life is becoming increasingly complex. For example, couples having different home countries, children by previous marriages, separation, divorce and assets held in multiple jurisdictions. The UK Government funded website “The Money Advice Service” recommends expatriates to seek professional advice.
When approaching an unfamiliar task, such as writing a Will, it takes time to familiarise yourself with what needs to be done and to understand the legal jargon. Even if you wrote a Will several years ago, there will have been changes in legislation and taxation. These changes will need to be researched and consider when writing your Will.
The combination of unfamiliarity, jargon and fine detail adds to the risk of potentially getting something wrong and your Will being challenged in court. Consequently, whilst there is a cost in appointing a Will writer, this is a relatively small amount compared to the amount of your time and effort expended; the risk of missing important Estate Planning opportunities and a potential legal challenge to your wishes.
For Wills in Dubai, local law permits non-Muslims to use a will written under the law of their home country as a testamentary document via local courts, subject to a few caveats. However, the opening of the DIFC Wills Service Centre in 2015 provides non-Muslim expats with a further choice for their assets.
On 30th June 2019, DIFC extended the range of jurisdictions from just Dubai and Ras Al Khaimah to worldwide assets. However, this is untested. Therefore most Will writers are expected to adopt a ‘wait and see’ approach to this latest development.
Contact us for more information.