Tuesday 15 September 2015

Landmark agreement over inheritance laws in Dubai | GulfNews.com

Landmark agreement over inheritance laws in Dubai | GulfNews.com:



"A grey area related to the bequeathing of real estate assets held in Dubai by non-Muslim foreign nationals has been cleared following an agreement reached by the Dubai Land Department and a DIFC (Dubai International Financial Centre) entity.

A “will and probate registry” will be created following the agreement, with the DIFC Dispute Resolution Authority (DRA) — through its ancillary body, the DIFC Wills and Probate Registry — being the other party.

The move will pave the way for probate court orders covering the Dubai assets of those who have registered their wills through the registry."



'via Blog this'

No comments:

Post a Comment