Creating a will is a crucial step in estate planning, as it ensures that your assets are distributed according to your wishes after your passing. In Dubai, where the legal system has unique requirements, many people wonder about the cost of creating a will. While the exact price may vary depending on several factors, this article aims to provide a general overview of the costs associated with creating a will in Dubai.
The primary cost of creating a will in Dubai is the legal fees charged by a lawyer or legal firm. The fees can vary depending on various factors such as the will’s complexity, the estate’s size, and the testator’s specific requirements (the person making the will). Typically, legal fees for drafting a will in Dubai can range from a few thousand dirhams to several thousand dirhams. It is important to note that this cost may include legal advice, consultation, and revisions to the will if necessary.
Notarization and registration fees:
In Dubai, wills must be notarized and registered with the Dubai Courts. This ensures their legal validity and enforceability. Additional costs that must be considered when creating a will are notarization and registration fees. The fees can vary depending on the value of the assets mentioned in the will. Generally, the fees for notarization and registration can range from a few hundred dirhams to a couple of thousand dirhams.
Dubai has a diverse expatriate population, and many individuals may need to have their wills translated into Arabic, the official language of the United Arab Emirates. Translation fees may apply if the will needs to be translated from another language into Arabic. The cost of translation services can vary depending on the length and complexity of the document.
Depending on the testator’s specific circumstances and requirements, additional services may incur costs. For example, suppose the testator wants to establish a trust or set up specific provisions for charitable donations. In that case, additional legal services may be required, which could increase the overall cost of creating a will in Dubai.
It is worth noting that the costs mentioned here are general estimates, and actual prices may vary depending on individual circumstances and the legal service provider chosen. It is advisable to consult with a lawyer or legal firm specializing in wills and estate planning to get a more accurate estimate of the costs involved.