A Last Will and Testament is a legal document which sets out what you want to happen to your assets in the event of your death. It will often include instructions for the care of young children as well.
Wills provide clarity of the deceased’s wishes for surviving family members. They can also reduce taxes payable on death.
Whilst a Last Will and Testament is most closely associated with death, it is important to regularly review a Will to make sure it remains relevant. This includes changes in your personal circumstances and also changes in legislation and tax rules.
Religion plays an important part in estate planning within UAE. Local legislation generously permits preparation of Wills by non-Muslims for certain assets within UAE under the law of the person’s home country.
What Should I Do Next?
For more information on Wills please visit our sister site Great British Wills