
The Match: Will vs Foundation
DIFC Will provide a clear path for succession planning and children guardianship of non-Muslims, avoiding the uncertainties of a decision issued by local UAE Courts.
But Will fail to address key concerns e.g.:
- (i) assets (real estate, shares) remain held in an individual capacity, thus subject to probate procedure in case of demise
- (ii) assets are exposed to 3rd parties’ attacks
- (iii) Muslims are not allowed to register a DIFC Will.
This is where a Foundation adds value!
Compatible with all UAE and most international asset classes (real estate, shares, portfolios), Foundation enable entrepreneurs and their families to consolidate and keep control over income-generating assets and investments, while protecting them from potential threats. They are equally effective for Muslims and non-Muslims.
Foundation can be used in combination with corporate structures or as a direct owner of assets, thereby guaranteeing business continuity and smooth intergenerational planning. The below chart highlights the key features and advantages of Foundation over Will.

For more information on this topic, please see our publications:

The Match: Companies vs Foundation
Consolidating high-value assets under one (or several) company/ies has a lot of advantages – e.g. asset/asset classes segregation, limited liability…
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UAE Foundations: The Gateway to Middle East assets for Foreign Fiduciaries
Most Middle East entrepreneurial families are familiar with foreign offshore trusts and foundations, and have been using these tools to…
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UAE Private Wealth Series (III) – Legacy Planning
Legacy planning is key for all individuals holding wealth and/or in the process of creating value through their business. What…
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The Match: Will vs Foundation
DIFC Will provide a clear path for succession planning and children guardianship of non-Muslims, avoiding the uncertainties of a decision issued…
Read MoreM/HQ’s SME Clinic – Video Series:

M/HQ’s SME Clinic – video series: Foundations 101
M/HQ’s SME clinic is no longer only a series of workshops. It is now a video series. Emphasizing live examples…
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M/HQ’s SME Clinic – video series: UAE Real Estate Structuring
M/HQ’s SME clinic is no longer only a series of workshops. It is now a video series. In this instalment,…
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M/HQ’s SME Clinic – video series: UAE Foundations for Muslims
M/HQ’s SME clinic is no longer only a series of workshops. It is now a video series. In this instalment,…
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