Assets Covered by a Will in the UAE
Offshore Tax with HTJ.tax · htjtax
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Show Notes
A UAE Will can cover a wide range of assets, giving individuals full control over how their estate is distributed and ensuring a smooth probate process. Wills are typically drafted broadly so that both current and future assets are included without requiring frequent updates.
Common Assets Included in a UAE Will
In the UAE, the assets most commonly covered include:
- Real estate properties – Often the primary asset for expatriates and investors, including freehold and leasehold properties.
- Bank accounts – Both personal and corporate accounts across any UAE bank.
- Company shares or business ownership – Including shares in mainland companies, free zone entities, and offshore structures.
- Investments and securities – Such as brokerage accounts, bonds, mutual funds, and other financial instruments.
- End-of-service benefits (gratuity) – A significant asset for employees that forms part of the estate upon death.
A properly drafted and registered UAE Will ensures that all these assets are transferred according to the testator’s wishes, providing certainty and protection for beneficiaries.