5 Important reasons for making a Will in Dubai
- 1. Avoid your assets being distributed using the set method used under Sharia law. The Official Website for the Government of Dubai states that the UAE courts will adhere to Sharia Law where there is NO Will.
- 2. If your are parents of children living in Abu Dhabi, a Will can legally appoint Guardians to take care of your children if anything should happen to both parents. Without a Will to legally appoint Guardians to take care of your children, it is left to the Abu Dhabi Courts to decide.
- 3. A Will can reduce the time your loved ones have to wait for your assets to be distributed by giving the Abu Dhabi Courts clear instructions for the distribution of your estate. This can also minimise any financial hardship your family may incur.
- 4. Your Abu Dhabi bank accounts including joint bank accounts may remain frozen for longer whilst the banks wait for a Sharia Court Order to give them the authority to release funds to your family.
- 5. Reduce the legal cost of settling your estate with a legally recognised Will by reducing the overall time lawyers and advocates will spend in Court dealing with your case.
Publish date: 08/11/10 12:50
Source: EXPAT WILLS