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All About Writing a Will with DIFC
Creating a will is an important legal step to ensure that your assets are distributed according to your wishes after your death. The Dubai International Financial Centre (DIFC) is a jurisdiction within Dubai that has its own legal system, including specific regulations related to wills and inheritance. Below are the key points to consider when writing a will with DIFC:
DIFC Wills and Probate Registry:
DIFC has its own Wills and Probate Registry, which allows non-Muslim expatriates to register their wills under DIFC law. The DIFC Wills and Probate Registry provides a legal framework that allows individuals to dispose of their assets in accordance with their wishes.
DIFC wills are primarily designed for non-Muslim expatriates who wish to have their assets distributed according to their wishes instead of the local Sharia law.
Registration Process:
The process involves drafting the will, attending an appointment at the DIFC Wills and Probate Registry through video conference, and signing the will in the presence of witnesses of your choice. The signing of a will typically requires witnesses of your choice. These witnesses should be at least 21 years old or above who are not beneficiaries in the Will. The Registration fee for Single Will is AED 10,000 and Mirror Will is AED 15,000.
Amendments and revocations to DIFC wills can be made through the registry, and any changes must comply with the legal requirements. DIFC wills are governed by the DIFC Wills and Probate Registry rules and regulations, and the registry is responsible for the enforcement of these wills.
Eligibility:
To be eligible to register a will with the DIFC Wills and Probate Registry, the testator must be over 21 years of age, not Muslim, and have assets in UAE.
To conclude, it is advisable to seek the help of a legal professional to ensure that the will complies with all legal requirements and effectively reflects the testator's wishes. It is crucial to stay informed about any updates or changes in the regulations, and consulting with legal professionals who specialize in DIFC wills is recommended to ensure that the document is legally sound and aligns with the individual's specific circumstances and wishes.
