Children’s custody issues constitute some of the most important areas that come up during divorces or disputes within families. Custody issues in the UAE are always resolved based on what is in the best interest of the child. If you are a resident or an expatriate in the UAE, it will be useful for you to learn about the laws in the UAE relating to children’s custody.In case you have any questions about child custody, it will be wise for you...
Being in the UAE can offer great career prospects and quality of living standards for expats. Nevertheless, dealing with divorces and other similar issues in the UAE can be somewhat difficult. The law surrounding divorce cases in the UAE has gone through changes over the years, and it is now much clearer to both citizens and expats alike. Knowledge of which law should apply and what documents will be needed for divorce is crucial for the...
Estate planning can be considered the key step which will help you save your family and property. However, the problem of ineffective estate planning or making some mistakes exists and leads to various problems like disputes among heirs, money loss and conflicts in the family relations. Knowing the UAE laws and consulting with lawyers will help you distribute your property as you wish. If you are a citizen, business person or even expatriate...
Wealth protection does not simply entail having savings or property. Rather, it requires the creation of an appropriate legal entity in which your wealth can be controlled and protected, as well as being passed on as per your wish. This is one reason why trusts and foundations have increasingly been chosen by wealthy individuals, families, and businessmen in the UAE as means of estate planning. Families can protect themselves from losing their...
Gathering money requires time, effort, and making intelligent decisions regarding investment. Nevertheless, securing your wealth for future generations should not be ignored as well. Estate planning is not just about writing a will. It is more than that because it involves developing a comprehensive plan to deal with one’s assets in accordance with the laws of the UAE. A good estate plan is extremely useful to avoid any problems that may arise...
Many expatriates have made a successful career, invested in real estate, opened their business, and even raised a family in the United Arab Emirates. However, despite all the preparations and proper financial planning that many expatriates do, there is one very crucial aspect that is often not considered: the registration of a will.It is necessary because without a legal will, the distribution of your property might be made according to laws and...
Preparing your future ahead is one of the most significant steps you can take to secure your loved ones and assets. If you are living in the United Arab Emirates, you have the opportunity to register a will through Dubai International Financial Centre (DIFC) or Abu Dhabi Global Market (ADGM). Despite the ability to arrange your estate according to your wishes, both processes involve different features. The knowledge of the distinctions between...
As companies keep moving towards digitisation, it becomes very important for them to have smart contracts, which are now an important element of modern business transactions. Smart contracts operate based on blockchain technology and automatically implement an agreement once certain conditions are fulfilled. These are faster, more transparent, and reduce administrative expenses. However, apart from all the benefits, companies need to realise...
The cryptocurrency sector has expanded considerably in the United Arab Emirates (UAE) and, thus, made the country a frontrunner in terms of adopting innovations related to blockchain and other forms of digital asset business. Naturally, such rapid development brings along the necessity to adhere to strict financial laws. Indeed, anti-money laundering and know your customer regulations have become an obligatory part of the compliance for crypto...
