Davidson & Co offers consultation and advice related to DIFC wills. We can help with drafting all types of DIFC wills, including Full Will, Guardianship Will, Property Will, Business Owners Will, and Financial Assets Will
Get In TouchThe Dubai International Financial Centre Wills Service Centre (“DIFC WSC”) is a public entity of the Dubai Government and an initiative established under the Jurisdiction of the DIFC Courts. The DIFC WSC is an estate planning mechanism which allows non-Muslim expatriates to implement a Will governing how their local UAE assets and worldwide assets should be distributed on death. The DIFC WSC also allows testators to implement Guardianship provisions in respect to any minor children (under the age of 21) who are habitually resident in the Emirates of Dubai and/or Ras Al Khaimah.
At Davidson & Co., we have highly competent and skilled DIFC wills lawyers in Dubai who can help you with drafting your wills. Andrew Lyons and Victoria Smylie are both registered Wills Draftsmen with the DIFC WSC, and Victoria Smylie is an appointed member of the DIFC Wills Working Group.
There are currently 5 types of Will available at the DIFC WSC depending on an individual’s personal circumstances and assets:-
This type of will covers all assets in an individual’s sole or joint name situated in the United Arab Emirates or worldwide at the time of their death. Guardianship provisions can also be included for children under the age of 21 who are habitually resident in the Emirates of Dubai and/or Ras Al Khaimah.
Our DIFC wills lawyers have vast experience in dealing with property wills and appointing beneficiaries for them. This type of will deals with real estate property located in the United Arab Emirates. It includes appointing beneficiaries for up to 5 properties situated in the country.
We have experienced lawyers who can also help our clients with financial assets wills. It includes up to a maximum of 10 separate bank or brokerage accounts (or a share in up to 10 accounts). It is mandatory that the accounts must be opened with a brokerage firm or bank within the United Arab Emirates.
Guardianship Will allows people to register a DIFC will only for guardianship appointments for their children. At Davidson & Co, we can offer our legal services for both interim and permanent guardianship will. Our experienced lawyer will be at your assistance and draft the will according to your requirements while offering their key inputs.
Business owners can also get our legal services for setting up DIFC Wills. It includes appointing beneficiaries for up to a maximum of 5 separate shareholdings in any free zone or UAE onshore company situated in the country. The company must be incorporated in the United Arab Emirates. It should also be established under the UAE Federal Law.
With a wealth of experience in various sectors our dynamic team are well prepared to provide
assistance, full contact details are available within our profiles.
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