Life is constantly evolving, and as such, it’s essential to ensure that your will reflects any significant changes in your circumstances or wishes. In Dubai, updating your will with the help of a Just wills Dubai after major life changes is a crucial aspect of estate planning.
Review your will periodically:
Make it a habit to review your will periodically, ideally every few years or whenever there is a significant life event. This ensures that your will remains current and accurately reflects your wishes.
Identify major life changes:
Be mindful of significant life changes that may warrant updates to your will. These changes may include marriage, divorce, birth or adoption of children, death of beneficiaries or executors, acquisition or sale of assets, relocation to a new country, or changes in financial circumstances.
Consult legal advisors:
Seek guidance from legal advisors specializing in wills and estate planning in Dubai. Legal professionals can provide valuable insights and assist you in steering the process of updating your will to ensure compliance with local laws and regulations.
Determine the scope of updates:
Consider the extent of the changes needed to your will based on the major life events you’ve experienced. This may involve revising beneficiary designations, updating asset distribution instructions, appointing new executors or guardians, or incorporating additional provisions to reflect your current wishes.
Prepare a codicil or rewrite:
Depending on the extent of the changes required, you may choose to either prepare a codicil or rewrite your entire will. A codicil is a legal document that amends specific provisions of your existing will, while rewriting your will involves creating a new document that supersedes the previous version. Legal advisors can help you determine the most appropriate approach based on your circumstances.
Execute the updates properly:
Ensure that any updates to your will are executed properly in accordance with the requirements of Dubai law. This typically involves signing the updated will in the presence of witnesses and a notary public to ensure its validity and enforceability.
Communicate changes to relevant parties:
Once your will has been updated, communicate the changes to relevant parties such as beneficiaries, executors, and guardians. This helps prevent confusion and ensures that all parties are aware of their roles and responsibilities as outlined in the updated will.
