There are many benefits of living in the UAE as an expat as the country allows all the expats to enjoy the same rights as a resident under the specific laws and regulation of the country.
Therefore, many people consider making a will in the UAE so they could transfer their estate and other assets to their loved ones after their death.
Whether you prefer hiring Abu Dhabi wills and process related services or any other city in the UAE, you need to know that they provide a number of benefits to you and your family so they could have a secure future.
Therefore, a will is one of the important legal documents that add value to your living and helps your family live the life they want after your death.
That’s why we have come up with a list of 5 benefits of writing wills to help you understand more about the UAE will writing process.
1. Helps you in choosing the intended beneficiaries
One of the most important benefits of writing a will in the UAE is that it helps you in choosing the right beneficiaries such as your spouse, children, and other family members so that they could become the rightful owners of your estate and other assets after your death. The UAE also allows you to choose other members such as your siblings, parents, and grandparents under the application of certain laws through a well-drafted will.
2. Helps in updating the Will
You can update your will any time if needed in case of addition of a new property or change in the list of the family members. It helps in the distribution of the estate and other assets to the deserving candidates.
3. Helps in appointing a guardian for your children
You can appoint a guardian for the future in case if your children are under 21 years of age so they could take care of your children after your death. However, the final decision is made by the court but it helps your minor children to have a stable future.
4. Helps in freezing all the bank accounts
Making a will in the UAE provides you with one more benefit upon your death as the court freezes all your bank accounts until the relevant orders have been passed. It helps your family to handle matters effectively and take control of the situation.
5. Helps in securing a future
A will is an important piece of paper that holds a great value in determining the future of your family. Making a will in the UAE enables your loved ones to have some sort of protection in the future.