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Just last month, the government announced new legislation regarding inheritance. If you are an expatriate who owns properties, understanding Dubai Inheritance Lawu2014including the latest amendmentsu2014is a must. Here are three of the most important things that you must know.
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Three Things You Must Know About Inheritance Law in Dubai Just last month, the government announced new legislation regarding inheritance. If you are an expatriate who owns properties, understanding Dubai Inheritance Law—including the latest amendments—is a must. Here are three of the most important things that you must know. 1. The laws of the expatriate’s home country can now be used to deal with their personal estate. Prior to the changes, the assets of deceased expatriates were divided following the Sharia Law of Inheritance. Also subject to the same law was the custodianship of children. With the amendment, heirs don't necessarily inherit assets in fixed ratios because expatriates now have the freedom to follow their home country's law. 2. Having a will is still important. Even if Dubai Inheritance Law now permits expats to use their country of origin's law when dividing assets among their next of kin, it's still important to make a will. Without a registered Will, the surviving spouse cannot access the deceased’s UAE bank accounts. They will remain frozen until the court has made a decision. According to lawyers, having a will in place is also a good way to confirm your desire to opt-out of Sharia law. It is also the simplest way to ensure that your assets and other personal affairs will be dealt with according to your wishes. 3. Properties purchased in Dubai are decided based on UAE law. All real estate properties in Dubai of a deceased expatriate will be dealt with by Sharia law. Itis another reason why having a Will is still necessary. You can register the Will with the DIFC WPR if you want to pass your Dubai estate to your chosen heirs. But this can be a tricky matter to handle alone or without professional help. That's why it is always recommended to seek legal advice from the experts in Dubai Inheritance Law.