The United Arab Emirates is undergoing various natural as well as artificial developments and it is growing fast. Over the last decade, all of the 7 emirates have claimed to have something astonishing from To Sheikh Zayed Mosque (Abu Dhabi), Burj Khalifa (Dubai), UAE is on the aggressive growth cycle.
That is the reason why the UAE is welcoming thousands of Businessmen, investors, entrepreneurs, and job seekers from all over the globe to live, grow and invest. You can also get the best service of will in UAE via https://www.devere-acuma.com/service/wills
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While enjoying a tax-free income and a luxurious lifestyle in the UAE, the majority of ex-pats forget that the UAE is, after all, an Islamic country. Regardless of how liberal this country is in terms of ex-pats adopting a westernized society, the emirates, as Islamic states, rigorously adhere to sharia law.
Unfortunately, death is a bitter truth of life and the question is, In what circumstances are you leaving your family behind when you meet your final day?
What happens if you pass away without a Will in the UAE?
1. Sharia law will apply regardless of your religion
2. Custody of children may go to a family friend instead of a wife
3. Immediate bank accounts are frozen
4. Dependent visas are canceled
5. Benefits of insurance policies may be passed on to your estate instead of the wife and kids
6. Ex-Partners (husband/wife) may claim your hard earn money
7. Children, a wife may get nothing
8. Tax authorities can ask for 40% of your money
9. Family arguments because no one knows what they get
Sharia Law is quite complex & confusing, that is the reason why drafting a Will demands someone professional with a special clause integrated into the document addressing your specific desires. A Will is basically a document that states how your estate will be distributed after you die.
You may already have a Will drafted in your home country, but that Will is not going to work in UAE, as the rules and regulations are different here. An ex-pat is expected to have a separate Will drafted by the legal authorities in order to get his/her desires regarded by the Judge of DIFC or Dubai court.