Dubai, 26th April 2018
Jointly with Swiss Business Council, Swedish Business Council, Austrian Business Council and Italian Business Council we had the opportunity to know and learn more about the WILLS in UAE. The event took place at DIFC Wills Service Centre on the 18th of April.
The DIFC Wills Service Centre is a joint initiative of the Government of Dubai and the DIFC Dispute Resolution Authority that gives non-Muslims investing and living in Dubai and Ras Al Khaimah the option to pass on their assets and/ or appoint guardians for their children, in accordance with the instructions in their Will.
During the presentation the moderator explained the different types of Registrable Will; the option to choose the templates online and the registration process.
In case there is no a register DIFC Will, Sharia Law will be applied and assets distribution will be according the prescribed formula (UAE inheritance calculator).
Presentation members’ area