Making a will is an important step to protect the property interests, disposition of the testator’s assets. The Arab Emirates has special legislation regarding wills. Drawing up a document involves a number of steps:

• Drafting of the text, consultation with a lawyer or notary to create a document that complies with the laws of the country
• Drafting a will in Arabic with translation into English and other languages (optional)
• Checking the accuracy of the will – it is obligatory to specify all assets, heirs, methods of distribution
• Signing the will in the presence of witnesses – both parties (testator and witnesses) sign the document.
• Registration of the document with the inheritance registration authorities or notary chamber.

The general rules given above may be supplemented by a request for permits, real estate documents, assets – all the property of the testator must be confirmed by documents of title.

The best solution is to contact NBS Services specialists, who will provide consulting services and help you to draw up a will in accordance with the UAE legislation and requirements.

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Safe deposit box

Having a safe deposit box solves a lot of problems. The owner gets the opportunity to store especially valuable items and documents in complete confidentiality and without the slightest risk of access by third parties. However, opening a safe deposit box in the UAE may involve a number of nuances. The applicant needs to fulfill the following steps:

• Prepare a full package of documents, including: original passport or ID card, documents confirming the address of residence, source of income
• After submitting the documents, the employees of the financial organization will offer to sign a form and a contract for opening a safe deposit box.

The authorization implies the payment of a deposit box rental fee for a certain period of time, and then the applicant will be granted access to the vault. The above general procedure for obtaining authorization to rent a safe deposit box may be supplemented in accordance with the requirements of a particular financial institution.

The assistance of NBS Services specialists will help to avoid mistakes in collecting and obtaining the necessary documents, simplify the choice of a bank and speed up the process of obtaining access.