Five certainties brought by DIFC Courts Wills Service
DIFC Courts Wills Service has been set-up to provide much needed clarity and certainty to the non-Muslim community owning assets in the United Arab Emirates and wishing to transfer their estate according to their own wishes.
Following are the five (5) certainties brought by the DIFC Courts Wills Service (DIFC CWS):
1. Transfer your assets as you wish
DIFC Courts Wills Service gives non-Muslim individuals with assets in the UAE, the ability to register their Wills in English language. This was not previously possible anywhere in the UAE. So, if you are a non-Muslim, you can pass on your UAE based moveable and immovable assets of any form precisely according to your own wishes written in a Will registered with DIFC Courts Wills Service. You can also appoint guardians for your children according to your wishes.
2. Available for residents and non-residents
DIFC CWS’s service covers all types of assets located only in the United Arab Emirates, for both residents and non-residents.
3. Simple signing process
Registering a Will requires the testator to visit the offices of the DIFC Courts Wills Service and sign the Will formally in the presence of an officer of the Wills Service. The testator should be accompanied by one (1) witness. This process significantly reduces the possibility of claims challenging the validity of the Will at the probate stage.
4. Clear legal mechanism
The DIFC Wills Rules are based on the common law principles and legislation of other leading common law jurisdictions such as the UK, Singapore and Malaysia. So, the individuals from western jurisdictions, Australia, New Zealand, Africa and Asia would be more familiar with these well-established principles.
5. Short probate process
DIFC Court is responsible for issuing probate grants and court orders for the distribution of estate as well as guardianship orders for the protection of minors. It is anticipated that the probate process in standard probate matters should take no more than one (1) month – which is significantly shorter than any other court processes in the UAE.
Requirement of Will in UAE
Types of UAE Wills
- Types of UAE Wills
- 5 reasons for making a DIFC Will
- 3 considerations for your Will in Dubai
- Register your DIFC Will from Home
- Make a Will in Ras Al Khaimah
Things to Consider
Common Questions
- What is a Will?
- Why do I need a Will in UAE?
- What is a Notary Public Will?
- What is a DIFC Will?
- What is a Legal Inz’s online Will form?
- What is a Single Will?
- What are Mirror Wills?
- Are the bank accounts frozen at death?
- What is a probate?
- Distribution of real estate in the UAE
- What if I already have a Will in my home country?
- Who is the executor?
- Who can be a beneficiary?
- What are the typical assets passed in a Will?
- The case of life insurance
- The case of shares in companies
- Appointing guardians in a Will
- Resolving debts in a Will
- Can I amend my Will?
- Is it possible for me to withdraw my Will in UAE?
- Is there any inheritance tax in the UAE?
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