News

Safeguard your firm's interests

In February 2016, the Personal Status Court of the Dubai Courts issued an order stating that should an individual shareholder of a Dubai-based firm pass away unexpectedly, the company's bank accounts would be frozen, said Deepak Gurnani, Partner, JUST LEGAL Consultancy.

http://www.cpifinancial.net/features/post/36670/safeguard-your-firms-interests

Indian widow: ‘Prepare for death or go through what I did’

Dubai: A 42-year-old Indian widow, who has yet to recover from the untimely death of her husband early this year, has chosen to make her ordeal public in the hope that other expats don’t make the same mistakes.Former air hostess Sharmila Singh, based in Dubai, told XPRESS last week: “Death should not be a taboo subject. We must prepare for the worst – or else subject our families to what I went through.”

http://gulfnews.com/news/gulf/uae/general/indian-widow-prepare-for-death-or-go-through-what-i-did-1.1389378

Non-Muslim UAE expats advised to write will or face family disputes

Abu Dhabi/Dubai: Non-Muslims living in the UAE should make a will in case of death or undergo time-consuming procedures to ensure that the inheritance scheme is implemented according to their own country’s laws, experts said. Failure to do so may result in family disputes, according to a report by the Ministry of Interior’s monthly publication, 999 Magazine.

http://gulfnews.com/news/gulf/uae/general/non-muslim-uae-expats-advised-to-write-will-or-face-family-disputes-1.1228755

Expatriates advised to learn laws on wills

DUBAI // Expatriates in the UAE would be wise to understand the laws governing wills and inheritances, or they could end up facing a complex process as they navigate the aftermath of a spouse's death, legal experts and estate planners say. Mohammad Marria, an estate planner at Just Wills, a company based in Dubai, said many people do not understand the legal implications of such cases. "Your will is the most important piece of paper you will ever sign," he said. "It is your last wishes on how you would like your estate to be distributed, and it's not just about money and property; it is also about safeguarding the welfare of children.

http://www.thenational.ae/news/uae-news/expatriates-advised-to-learn-laws-on-wills

Better to make a will to avoid legal hassles

Matters of the afterlife are not a favourite topic for many people, except probably for those in the death care business. But it's a serious issue that you should consider, especially if you are planning to invest or already have acquired assets in a foreign country.

http://gulfnews.com/business/investment/better-to-make-a-will-to-avoid-legal-hassles-1.492450

How to save and prepare for death

A person’s single and joint bank accounts will be automatically frozen upon death, leaving the family with no access to money. Having a bank account outside the jurisdiction of the UAE and home country means the family can withdraw money for survival and emergency expenses

http://gulfnews.com/business/your-money/how-to-save-and-prepare-for-death-1.707169

Dubai: Huge Turnout at KEL Event on ‘Importance of Wills for Expats in UAE’

Kanara Entrepreneurs Ltd (KEL), Dubai conducted a workshop on the topic "Importance of having a Will as an Expatriate in the UAE," at the India Club here on Satuday January 15. The three-hour session, anchored by Mohammad Marria, senior estate planner from Just Wills (the largest estate planning organization in the UK), proved successful with an overwhelming response to this event.

http://www.daijiworld.com/news/news_disp.asp?n_id=93554&n_tit=Dubai%3A+Huge+Turnout+at+KEL+Event+on+%91Importance+of+Wills+for+Expats+i! n+UAE%92

With no will there is no easy way

Dubai It's two years since Chris Manders' wife passed away, but her Dubai bank account is still frozen.When an expatriate dies in the UAE, banks are instructed by the courts to freeze all transactions on the accounts of the deceased, including joint accounts.Unfreezing the account can only be carried out by order of the Sharia Court once it has received an attested will.

http://www.dubaicityinfo.com/news/newsDetailPop.aspx?newsid=32034