Will is an important part for anyone who wishes their property or assets be distributed as per their say. If you don’t write a will, your life savings will be shared amongst your family members or if you don’t have someone then it goes to donation for several different kinds of sectors of needy.
The reason why Dubai wills for expats is so important to have a will is because every country has its own rules and regulations. In order to protect your assets, property and possessions, you must have a will that very clearly states your wishes and how they want to be carried out. It is also very important that a will is typed and made in such a way that it fits all the laws and requirements.
The main reason why you must write a will before you die is that your assets don’t get distributed to people and places where you don’t want – leaving your family with nothing. Also if your hier wants immediate transfer of your possessions but you don’t have a will that states, then it can take up to decades to clear the amount and reach to the desired people.
Law firms in DIFC states that another important thing that expats must keep in mind is that they need to keep updating or changing their will on certain occasions such as when you get married or divorced, have a child or move houses or buy new properties or assets. These are the times when your will must be updated.
If you are an expat don’t have a will upon death, the people who are dependent upon your visa, will be immediately deported. Your children’s custody will be handed to anyone the court wishes, in case you haven’t stated who you would like to hand your children who aren’t of age 18 years yet. Your life insurances will start creating such issues that you can’t even imagine.
Will is a necessity for every person in this unpredictable world of today. You never know if a person sitting next to you will be there tomorrow or not or if the houses and beauties that you have built will still be there for you to enjoy or not. So write a will before the court writes one for you.