Who can be a beneficiary?
https://www.legalinz.com/blog/who-can-be-a-beneficiary/Any individuals or institutions can be beneficiaries in a Will. In our experience, the UAE expats usually make their spouses and children as beneficiaries.
What are the typical assets passed in a Will?
https://www.legalinz.com/blog/what-are-the-typical-assets-passed-in-a-will/All types of moveable and immovable assets are included in UAE Wills. Typical assets which are usually passed through Wills in UAE are...
The case of life insurance
https://www.legalinz.com/blog/the-case-of-life-insurance/There are certain types of property such as life insurance that are typically not distributed through Will. It is practical to name the beneficiaries in policy
The case of shares in companies
https://www.legalinz.com/blog/the-case-of-shares-in-companies/The title to the shares is required to be transferred upon transfer of ownership through a Will.
Appointing guardians in a Will
https://www.legalinz.com/blog/appointing-guardians-in-a-will/One of the most important considerations in drafting your will is determining who will serve as guardian for your minor children.
Resolving debts in a Will
https://www.legalinz.com/blog/resolving-debts-in-a-will/Upon the death of a person in the UAE, his or her property is applied first to pay all debts. The process will require that all debts must first be paid.
Can I amend my Will?
https://www.legalinz.com/blog/can-i-amend-my-will/Yes. You can amend or revoke your Will at any time. Typically, in the UAE (for both the Notary Public and DIFC Wills), a fresh Will is signed.
Do I need to amend my Will when moving home?
https://www.legalinz.com/blog/amend-my-will-in-uae-when-moving-home/Concerned about your property will in the UAE? Worry not as you can count on the expertise of our lawyers in UAE. Get in touch with us now!
Is it possible for me to withdraw Will in UAE?
https://www.legalinz.com/blog/withdraw-will-in-uae/Yes, you can withdraw your Will anytime during your lifetime.
Is there any inheritance tax in the UAE?
https://www.legalinz.com/blog/is-there-any-inheritance-tax-in-the-uae/Want to know more about inheritance tax in UAE? Our team of lawyers at Legal Inz are here to help enlighten you on the subject matter. Call us today!