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17 December 2024 Blogs

Important Reminder for Expatriates in the UAE: Are Your Assets Protected?

With approximately 58% of expatriates in the UAE holding assets, a significant gap in estate planning is evident: only 10% of these expatriates have a registered will in the country. This discrepancy underscores a pressing need for proactive action in safeguarding personal and financial legacies.

Why Does This Matter?
Legal Implications: Without a registered will, your assets may be distributed under Sharia law or become entangled in complex probate disputes. This can lead to unintended outcomes and added stress for your loved ones.
Peace of Mind: A registered will provides clarity and ensures your assets are managed according to your wishes, preventing potential legal complications and disputes.

What Can You Do?
Get Informed: Familiarise yourself with the legal requirements for Will registration in the UAE. Different jurisdictions, such as DIFC Courts, Dubai Courts, and Abu Dhabi Judicial Department, offer tailored solutions for expatriates.
Take Action: Don’t leave your legacy to chance. Register a will to safeguard your assets and ensure they are distributed as you intend. At Just Wills, we’re here to guide you through this essential process.
Stay Proactive: Life changes, and so should your will. Regularly review and update it to reflect any changes in your personal or financial circumstances, such as acquiring new assets or family milestones.

Why Now?
Estate planning is not just about preparing for the future; it’s about ensuring peace of mind today. By taking these steps, you protect your assets, honour your wishes, and provide security for those who matter most.

Still have questions or need assistance? Contact Just Wills for expert advice and tailored solutions to secure your assets and legacy. Let’s make sure you’re prepared and informed every step of the way.”