Securing your assets and ensuring your loved ones are taken care of are crucial components of financial planning in the dynamic city of Dubai. Registering a will is one of the best ways to accomplish this. 

A legally valid will help prevent future disagreements and uncertainty by distributing your wealth and belongings according to your preferences. This comprehensive guide explains will registration in Dubai, UAE.

The Importance of Wills in UAE

To safeguard your assets and make the probate process easier for your loved ones, it is strongly recommended that you get a will correctly filed in the United Arab Emirates. Among other essential components are: 

1. Appointment of Guardians For Minors

Parents must have a will in order to designate guardians for their minor children. In the event of the parents’ untimely death, this guarantees the welfare of the children and avoids legal issues.

2. Legal Framework for Non-Muslims and Muslims

Sharia law, the foundation of Dubai’s legal system, regulates how Muslims divide their assets. Non-Muslims living in the UAE, however, are free to create and register a will by local laws or the laws of their home country. 

This guarantees that their assets are allocated according to their desires rather than the default Sharia rules.

3. Asset Protection

Dubai Will registration offers comfort by guaranteeing that your assets, investments, and personal possessions are distributed to your selected beneficiaries. It is crucial for foreigners who own real estate or companies in Dubai.

4. Beneficiaries Other Than Your Family Members

You can choose alternative beneficiaries to receive your belongings if a family member dies before you. You don’t need to be concerned about it because only the people you specify in your will will be included in the devolution of your succession.

Steps to Register a Will in Dubai

1. Understand the Types of Wills in Dubai

It is crucial that you understand the different kinds of wills accepted in Dubai before drafting one:

• Dubai International Financial Centre (DIFC) Wills: These common law-based wills, which are accessible to non-Muslims, cover assets situated in Dubai and the UAE.
• Notary Public Wills: These wills are registered with the Dubai Courts and are appropriate for Muslims and non-Muslims.
• Free Zone Wills: These are particularly useful for assets situated in free zones such as the Jebel Ali Free Zone (JAFZA).

2. Prepare Your Will

When drafting your will, take into account the following:

• List of Assets:  Add all real estate, bank accounts, cars, companies, and personal belongings. 
• Beneficiaries: Describe in detail the names and connections of the people who will inherit your property.
• Guardianship: In your will, name a guardian for any minor children you may have.
• Executor: Choose a trustworthy executor to carry out your will’s provisions.

3. Choose the Right Registration Authority

You can register your will with any of the following authorities, depending on your choices and circumstances:

• DIFC Wills Service Centre: This service is well-liked by non-Muslims and provides a quick registration process.
• Dubai Courts:  For both Muslims and non-Muslims, the conventional option.

4. Drafting the Will

Collaborate with an experienced lawyer to create a will that respects both your individual preferences and local laws. Included in the document should be:

• Personal details (name, nationality, passport number).
• A detailed inventory of assets and their allocation.
• Names and roles of the executor and guardian (if applicable).
• Specific instructions regarding debts and liabilities.

5. Submit the Will for Registration

DIFC Wills Service Centre:

• Register on the official website of the DIFC Wills Service Center.
• Upload your desired draft.
• Make an appointment to register and sign.
• Pay the registration cost and complete the process by going to the center.

7. Keep a Copy of the Registered Will

After registration, make sure you and your attorney keep copies of the will. Notify your beneficiaries and executor of its existence and convenient location.

Key Documents Required for Registering a Will

To register a will in Dubai, you’ll need the following documents:

• Assets in the UAE (with proof of ownership)
• Liabilities and to whom they are to be paid
• Proof of residence through, for example, recent utility bills
• Passport copies of the entire family
• Other official documents, such as marriage certificates, are also needed.

Costs Involved in Registering a Will in Dubai

The cost of registering a will in the United Arab Emirates depends on several factors, such as whether it is a single or mirror will. AED 10,000 for a single will and AED 15,000 for a mirror will are the prices in the DIFC.

Professional costs for creating and registering a basic will, including drafting, translation (if necessary), and registering a fully customized will, ranging from AED 6,500 to AED 8,500, VAT not included.

Common Mistakes to Avoid

Avoid the following common issues while registering a will in Dubai:

• Procrastination: Unexpected issues may arise if the registration procedure is delayed.
• DIY Wills: Drafting a will could lead to legal mistakes without expert assistance.
• Overlooking Updates: Your will may become outdated if you don’t update it following significant life events like marriage, divorce, or the birth of new children.
• Ignoring Legal Requirements: To prevent problems, make sure your will conforms to UAE legislation.

Conclusion

Making a will and submitting an application can occasionally be a challenging and complex process. If you wish to maintain complete control over your property and possessions after you pass away, we suggest you register for a will in the UAE.

This is not something you must accomplish alone. Contact experts who can relieve your workload and assist you throughout the process. Consider registering your will as soon as possible to avoid any issues, particularly if you are a non-Muslim living in the United Arab Emirates.

JSB Incorporation is here to help you with your will registration needs. Book your free consultation today to learn more.