The main purpose of a UAE will is to protect assets and prevent disputes. Without a will drawn up in Dubai or another emirate, assets are distributed as follows: for non-Muslims (priority is given to the spouse, with the remainder going to the children); for Muslims, the distribution is governed by Sharia law.
Estate planning allows you to control the distribution of your estate and avoid conflicts between heirs.
Why do expats draw up a will:- to ensure their children have a guardian;
- so that the spouse can access bank accounts;
- to avoid legal proceedings;
- to ensure the business continues to operate;
- to ensure inheritance takes place according to their wishes.
Estate planning allows you to control the distribution of your estate and avoid disputes amongst heirs.
Consequences of not having a will:- Bank accounts frozen pending a court ruling.
- Suspension of dependants’ visas, issues regarding child custody.
- Lengthy legal proceedings (lasting months or years).
- Distribution of family assets not according to your wishes, but in accordance with the law, particularly when inheriting property in the UAE.