How To Update Your Will In Dubai
Creating a will is an essential step in estate planning, ensuring that your assets are distributed according to your wishes after your passing. However, life circumstances change, and it’s crucial to update your will periodically to reflect any new developments or changes in your life. In Dubai, updating your will with the help of Just Wills Dubai involves specific legal procedures to ensure its validity and enforceability.
Reviewing your current will:
The first step in updating your will is to review your existing document thoroughly. Take stock of any changes in your assets, beneficiaries, or wishes since the creation of your last will. Consider factors such as marriage, divorce, birth of children or grandchildren, acquisition or sale of property, and changes in financial circumstances.
Identifying changes to make:
Once you’ve reviewed your current will, identify any updates or revisions that need to be made. This may include adding new beneficiaries, removing or replacing existing beneficiaries, updating asset distribution preferences, appointing new guardians for minor children, or specifying funeral arrangements.
Consulting with a legal advisor:
In Dubai, it’s advisable to seek legal guidance when updating your will to ensure compliance with local laws and regulations. Consult with a qualified legal advisor or estate planning attorney who specializes in wills and probate matters. They can provide expert advice tailored to your specific circumstances and help you navigate the legal requirements for updating your will in Dubai.
Drafting a codicil or create a new will:
Depending on the extent of changes needed, you may choose to either draft a codicil or create a new will. A codicil is a legal document that amends or supplements an existing will, allowing you to make specific changes without rewriting the entire document. Alternatively, if substantial revisions are required, creating a new will may be more practical and straightforward.
Executing the updated will:
Once your updated will or codicil is drafted, it must be executed in accordance with the legal formalities prescribed by Dubai law. This typically involves signing the document in the presence of witnesses and, in some cases, notarizing or registering the will with the relevant authorities. Ensure that all necessary signatures and formalities are completed correctly to validate the updated will.
Communicating changes to relevant parties:
After updating your will, it’s essential to communicate the changes to relevant parties, including beneficiaries, executors, and guardians. Clearly explain any amendments or revisions made to the will and provide copies of the updated document to ensure everyone understands your wishes and responsibilities.