Estate Planning in the UAE

Estate Planning in the UAE | What Does Estate Planning Include

Estate planning in the UAE involves preparing for how property, financial assets, business interests, and other important affairs should be managed going forward. A well-structured plan provides clarity while taking into account the legal framework applicable to individual circumstances.

Many UAE residents hold property, investments, or business interests across different countries. Without proper planning, families can face uncertainty when dealing with an estate. Estate planning allows wishes to be considered in advance, with suitable arrangements identified for assets and beneficiaries.

A will often forms an important part of an estate plan, helping to document wishes regarding beneficiaries and certain assets, subject to the applicable legal and registration framework. For families and business owners with more complex assets, planning frequently extends beyond a Will into broader succession considerations.

Estate Planning in the UAE
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Legacy planning is more than just transfer of assets. It’s the preservation of values, relationships and vision across generations.

What Does Estate Planning Include?

Depending on individual circumstances, an estate plan may consider:

  • UAE property and real estate
  • Bank accounts and investments
  • Business interests and shares
  • Family wealth and beneficiaries
  • Minor children and guardianship arrangements
  • Assets held outside the UAE

There is no single approach suited to everyone. An estate plan should reflect personal circumstances, family structure, assets, and long-term objectives, with both UAE nationals and expatriates facing different considerations depending on where their assets and family members are based.

What Does Estate Planning Include?

How Estate Planning Works

  1. Understand your circumstances: Nationality, residence, marital status, children, and any assets held outside the UAE.
  2. Identify your assets: A clear list of UAE real estate, investments, business interests, and international holdings.
  3. Consider family and beneficiaries: Including guardianship arrangements where minor children are involved.
  4. Prepare a will: Documenting wishes regarding beneficiaries and certain assets within the applicable framework.
  5. Consider broader succession planning: Particularly relevant for business owners and families with substantial assets.
  6. Review the plan: Revisited after marriage, divorce, having children, buying property, or a significant change in assets.
How Estate Planning Works

Assets Commonly Considered

Estate planning typically looks across several categories of assets, and which ones apply will depend on individual circumstances:

  • UAE property and real estate, often among the most valuable assets held, including a family home, investment property, or commercial premises.
  • Bank accounts and investments, including savings, shares, and investment portfolios. Keeping an accurate record helps provide a clearer picture of the full estate.
  • Business interests, including company shares, ownership, and future continuity.
  • Assets outside the UAE, which can introduce additional cross-border considerations, as different jurisdictions carry different laws and procedures.
  • Personal and valuable assets, where relevant to the wider plan.

Having a clear understanding of what is owned makes the process more organised and helps ensure nothing important is overlooked.

Assets Commonly Considered
Estate Planning for Families

For families, estate planning centres on how real estate, financial assets, and family wealth should be managed over time, and on preparing for the future rather than just the present.

Parents with minor children may need to consider guardianship and care arrangements, subject to the applicable legal framework. Families with a business may find estate planning and business succession planning need to work together, addressing ownership, management, and future leadership. And families with relatives or assets in different countries often face additional cross-border considerations that are worth raising with a professional early.

As with any plan, circumstances change. Marriage, divorce, a new child, or a shift in assets or business are all good reasons to revisit an estate plan.

Ma’an helps individuals, families, and business owners with estate planning and succession planning in the UAE, including wills, family wealth, and business considerations.

Estate Planning for Families

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