WILLS

As an expatriate living in UAE with assets and investments in the Emirates, it is advisable to have a professionally written Will to dispose of property as per your wishes and to avoid causing your family any problems after your demise.

Back in your country, for example in the UK, there may be statutory laws (intestacy rules) in place to guide the distribution of property if you don’t leave a Will. But the situation will be drastically different if you are in the UAE, as here the disbursement of your assets follows Islamic Shariah Law.

Being an Islamic country, UAE follows Islamic Shariah Law, which is complex and can be confusing for the non-professional will writers. Shariah Law insists on fixed share allocation (each family member gets a fixed share based on some parameters) and the wishes of the deceased can’t be fulfilled unless supported by a properly documented Will. So if you are an expat having a bank balance, assets or an investment in the UAE, a registered Will can help your loved ones avoid prolonged legal labyrinths in case of your sudden death.

At Prosperity we have a team of consultants who have a better understanding of these laws and the Home Laws of most of the countries and can therefore offer a truly professional will writing services. Our consultants can explain the whole process on how your finances should be structured, advising on setting up an asset and liability list, completing beneficiary forms, and most important maintaining a filing system that helps your executors locating your estate.