Legal move to encourage residents to register their wills and manage their assets in Dubai
Non-Muslims living in Dubai will be able to register a will under new laws issued by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, UAE Vice President and Prime Minister.
The law, which is applicable to the wills and assets of non-Muslims based in Dubai including the Dubai International Financial Centre (DIFC), creates a clear legal framework for non-Muslims to create wills according to their wishes, a statement said.
It also outlines clear legal procedures that will encourage residents to register their wills and manage their assets in Dubai, thereby creating increased confidence in Dubai’s investment landscape, the statement added.
The law facilitates the creation of a Non-Muslim Wills and Probate Registry in both Dubai Courts and DIFC Courts.
It also prescribes the legal requirements for wills and probate for non-Muslims, the liabilities and obligations of the beneficiaries of wills, the responsibilities and limitations of will executors, the regulations governing inheritance and the distribution and management of the estate as well as appeal procedures.
Disputes arising from wills and probate for non-Muslims will be adjudicated by Dubai Courts or DIFC Courts, depending on the place where the wills are registered.