Understanding estate planning as an expatriate in the UAE can be complex due to differing legal systems and regulations. Understanding the various types of will in UAE available is important for ensuring that your assets are distributed according to your wishes. Here’s a guide to the different types of wills that expats in the UAE can consider.
Dubai international financial center (DIFC) will
The DIFC wills service center provides a tailored estate planning solution for expatriates residing in Dubai. This type of will is designed for expatriates and allows them to manage the distribution of their Dubai-based assets, including property and bank accounts. DIFC wills are governed by DIFC laws, which offer greater flexibility and legal clarity for foreigners. This system ensures that expatriates can choose the beneficiaries and manage the distribution of their estate in a manner consistent with their wishes.
Abu Dhabi global market (ADGM) will
Similar to the DIFC, the ADGM wills service center offers a specialized will registration service for expats residing in Abu Dhabi. The ADGM wills are based on the ADGM’s own legal framework, which provides a clear and structured approach to estate planning. This type of will is beneficial for those who own assets in Abu Dhabi and prefer to have their estate managed under a legal system familiar to expatriates.
Sharia-compliant will
For expatriates who prefer to adhere to Sharia law, a Sharia-compliant will is an option. This will is governed by Islamic inheritance laws, which apply to Muslims in the UAE. A Sharia-compliant will ensures that the distribution of assets follows Islamic principles, which include specific rules about the share of inheritance for family members. It is important for expatriates considering this type of will to consult with legal professionals to ensure compliance with Sharia principles and UAE regulations.
Non-registered will
While not always recommended, some expatriates opt for non-registered wills. These are informal wills drafted and executed without official registration. Although they can outline the distribution of assets, they may not be recognized by UAE authorities or could face challenges during the probate process. Non-registered wills can be more susceptible to disputes and legal issues, making them less reliable compared to registered wills.
Multinational will
Expats with assets in multiple countries may consider a multinational will. This type of will covers assets in various jurisdictions, including their home country and the UAE. It is essential for ensuring that your estate is managed according to your wishes across different legal systems. Multinational wills often require careful coordination with legal experts in each jurisdiction to ensure compliance and validity.
