Why Having A Will In Dubai Is Important

Why Having A Will In Dubai Is Important

Having a just will Dubai can help you avoid legal complications and give you peace of mind. It can also protect your family’s assets and ensure they are distributed to your loved ones as you wish. It can be difficult to transfer your property after your death and time-consuming and expensive. If you do not have a will, your property may be transferred to the government treasury, and you could lose some of the money you invested. You should not make this mistake. It would help if you spoke with a qualified lawyer about your options.

Save you time and money:

Having a will in the UAE can also save you time and money. For instance, if you die without a will, your property will be frozen, and you will not be able to access your bank account. In addition, you will have to travel to the UAE to get a probate order. It is also a lot of work to legally grant someone the power of attorney to handle your affairs, which can be very expensive.

Your loved ones can receive their share of the property after your death:

The most important reason to have a will in the UAE is to ensure your loved ones receive their share of your property after your death. If you have children, you should appoint temporary guardians to take care of them while permanent guardians arrive. Consider appointing a spouse as your legal heir if you are married.

Prevent disputes between family members:

The other major reason to have a will is to prevent disputes between family members. If you do not have a will, the court can order your estate to be transferred to the government treasury unless you have made arrangements in advance. You might also be unable to receive payouts from your life insurance or gratuity. If you are an ex-pat living in the UAE, you must know inheritance and wills rules. In addition, you should keep your family informed of your intentions.

The best way to understand the laws related to wills in the UAE is to talk to a qualified lawyer. They will be able to explain the regulations to you and advise you on what steps you need to take to ensure your family is well taken care of. They can also assist you with drafting a legal will.