Last wills and testaments have been romanticized in movies and in novels. It’s not uncommon to come across a plot about a young ward who is left a small fortune by a deceased uncle or distant relative, as indicated in that person’s last will. The protagonist’s life is then changed forever, usually for the better.
It’s a nice thought, to have someone include you in their last will and testament and inherit a property or a portion of the wealth they’re leaving behind. But in reality, though, do we really understand what a last will and testament really is? The short answer is no, probably not. We just have a general idea of it, but the intricacies of writing it as well as the legalities, are beyond our scope of knowledge.
That being said, Dubai lawyers share their knowledge about wills here:
A last will and testament is a legal document that you leave behind to name the individuals (they can also be charities) who will receive your possessions and your properties after your death. The people you identify are referred to as your beneficiaries under your last will and testament.
If you have children who aren’t of legal age, you can also use your will to appoint their guardians in case of your unexpected death.
Who can execute your will
As part of your last will and testament, you can name an executor. This person will be left in charge of making sure that all of your wishes, drafted into the will, are followed to the letter. They will manage your estate and make sure that your beneficiaries receive their share of your properties.
Why you should be careful when drafting your will
You should be extremely careful and precise when drafting your will. In Dubai, there are certain steps that you must follow while drafting your will in order for it to be executed properly. If you make a mistake in the process, the intentions of your will could be invalidated. Aside from that, if you wish to make changes to your will, you still have to follow the proper steps.
When drafting your last will and testament, it’s best to employ the help of the top law firms in UAE to avoid any mishaps. With their guidance, you can be assured that your last will shall be followed after your passing.