Do you know how to prepare a UAE will for expats? If not, this article will help you understand what it involves and why it is so important. If you don’t know how to prepare a will yourself, it’s time to learn. It’s important to have a valid, organized will to ensure that your loved ones get enough financial support after they die. So, how do you prepare a will?
Start by drafting an estate plan:
If you want to make your will yourself, start by drafting an estate plan. The estate plan is a road map to describe your wishes for the transfer of your assets and personal property. You can get an estate plan template online that will walk you through the process step-by-step. Also, if you prefer to skip the legal steps and simply draft a simple will, consult with an attorney experienced in making estate plans.
Take necessary steps:
Once you have a plan in place, you must take the necessary steps to execute it. This would include hiring a lawyer to help you prepare the will, as well as hiring a probate lawyer to handle the actual filing of the will with the courts. An estate planning attorney can be very helpful when it comes to making sure that your final wishes are appropriately carried out. Probate lawyers, on the other hand, are responsible for overseeing the distribution of your deceased loved ones’ assets and are usually involved in the process from start to finish.
Make sure it is not contested:
Once you have your will in UAE prepared, you must make sure it is not contested. There are two basic ways you can go about doing this. One is to personally challenge everything in the will–including language that may seem to suggest specific intentions (such as language that may suggest that you intend to sell your house for money). Another way is to have a “testamentary” prepared to present to a court during a dispute.
Hire an estate planning lawyer:
Finally, if you have not already done so, hire an estate planning lawyer to help you set up how to transfer your assets, as well as how to account for those assets in the future. You can also hire a power of attorney or trust that will allow others to make medical decisions (such as administering or making life insurance payments) or adopt children (if you have not already done so). It’s important to have a strong Will prepared because if you ever need to execute it, your beneficiaries will know where to find it.