All About Wills and Estate Planning

If you live the life of an expat, you can never really forget that you are on foreign soil. For expats in the UAE in particular, it is important to fortify your Legacy and in doing so protect close family, relatives and friends back home who may otherwise face an expensive legal battle to get what is rightfully theirs. At Holborn Assets our duty is to ensure that your legacy is legally and financially air tight. Areas to consider include:

Last Will and Testament

Your Last Will and Testament is the single most important document you will put your signature to in the latter years of your life. What you leave behind will dramatically change the lives of those who inherit. So you must, of course get it right, as leaving room for error or misinterpretation can lead to family issues. At Holborn Assets we are well placed to give you solid guidance.

Living Will

With old age comes the unwelcome spectre of illness and incapacitation. You can however be prepared for all of the possibilities by making a Living Will, where you can make your wishes known regarding medical treatment or refusal of certain procedures. Such a document greatly relieves the burden on family members in the event you are unable to speak for yourself.

Will Trusts

Married couples/civil partners often use Will Trusts to ensure that in the event of the death of one partner, the family home is passed on as the couple intended. Together with Will Trusts Holborn Assets can also guide and advise on exist legal mechanisms such as Lifetime Trusts and Discretionary Trusts.

Beneficiaries, Intestacy and Forced Heirship

Beneficiaries are the people who inherit. Intestacy describes the estate of a deceased person who, after any dues and fees, is not bankrupt. Forced Heirship is the law where the next of kin is entitled to half the estate before dues and fees are applied. These are complicated areas where some form of expert opinion is highly recommended.

Pet Trust

For animal lovers the existence of a Pet Trust is welcome and comforting news. As with a family member, full legal provision can be made for a pet in the event of its owner’s death, allowing you to decide where your pet will live and how his/her living expenses will be covered after your passing.

Strong Financial Services

Providing nothing less than reliable and strong financial services, Holborn Assets, led by CEOs Robert Parker and Simon Parker, specializes in a tremendous variety of expert financial planning and management services. Manned by a large team of UK advisors who make the process more effortless for the 80% UAE expat population, Holborn Assets offers the following expert services: fund management; financial planning; risk management; pension planning; mortgage financing; insurance planning; trust; and offshore banking services.

Holborn assets

Holding partnerships with Collins Stewart, Fairbairn Trust, Investec Bank, Old Mutual, Platinum Capital Management and Royal Skandia, Holborn Assets Limited is also one among a relatively small number of firms that can boast a customer service department in Dubai.

Aware of the heavy financial toll that expatriates typically experience in moving all their belongings and financial assets to a new destination, Holborn Assets Limited makes the challenging transition less burdensome for clients. The Holborn Assets team makes all the nuances of financial planning and management more painless, if not mitigated from losses, for the sake of the client’s future and that of their beneficiaries.

Holborn Assets Limited is manned by a huge team of highly skilled and experienced UK advisors who are all dedicated to upholding every client’s best interests. Working closely with the client, Holborn Assets advisors promote open communication at all times, aware that this is the only means to facilitate problem-free provision of financial services.

Regardless of a client’s current financial status in Dubai, Holborn Assets Limited advisors are ready to go above and beyond the call of duty, when necessary, if only to assure the client that succeeding in a new country of residence is still possible and can present limitless possibilities for growth.

Making the process more trouble-free for the 80% UAE expat population, Holborn Assets is committed to providing quality service and advice that will ensure that cash is always in the right place at the right time for the client.