If you are a non-Muslim investing or living in the UAE, the DIFC Courts Wills Service offers you the opportunity to specify how you want your assets to be distributed and/or appoint guardians for your children after your death. This service is a joint venture between the Government of Dubai and the DIFC Courts, and it was established by Resolution No. 4 of 2014 from His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the President of the Dubai International Financial Centre (DIFC). The authority of the Wills Service was reaffirmed by Dubai Law No. 15 of 2017 issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, which regulates inheritance, Wills, and probate for non-Muslims.
Creating a Will in Dubai is a simple process that can provide peace of mind for both the testator and their loved ones. There are two options for creating a Will in Dubai: a written document or an oral declaration. A written Will must be signed by the testator in the presence of two witnesses, who must also sign the document. An oral Will, also known as a nuncupative Will, can be made in cases of emergency, and must be made in the presence of three witnesses.
It is important to consider who you want to inherit your assets and how you want them to be distributed when creating a Will. You can specify specific items to be given to specific individuals, or you can choose to divide your assets equally among your beneficiaries. You can also choose to leave a certain percentage of your assets to charity. In addition to specifying how you want your assets to be distributed, you can also appoint an executor, who will be responsible for carrying out the instructions outlined in your Will. This can be a trusted friend or family member, or a professional such as a lawyer.
Once a Will has been created, it is important to keep it in a safe and secure location. It is also a good idea to review and update your Will periodically, particularly if you experience significant life events such as getting married, divorced, or having children.
The Wills Service provides administrative support to the DIFC Courts Wills Registry for Non-Muslims, where the register of DIFC Courts Wills is maintained and where all probate matters and probate claims are handled. Together, the Wills Service and the Registry offer a system that ensures a person’s UAE assets will be distributed according to the terms of their registered Will. These entities are governed by Dubai Law No. 15 of 2017 and a set of detailed rules that provide a combination of operational speed, efficiency, cost-effectiveness, and judicial enforcement.
In summary, the DIFC Courts Wills Service is an essential resource for non-Muslims investing or living in the UAE. It offers a reliable and efficient way to ensure that your assets and children are taken care of according to your wishes after your death. Whether you are looking to specify how you want your assets to be distributed or appoint guardians for your children, Startup-n-Marketing’s Wills Service is here to help you achieve your goals. Don’t hesitate to contact us to learn more about how it can benefit you and your loved ones.
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