Photo - Just Wills
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Just Wills

Application for Succession Planning Services

UAE
Market: Internet and IT, Information and media
Stage of the project: Prototype or product is ready

Date of last change: 13.02.2019
Min investment
$  10.000
Total required
$ 80.000
Rating
equalizer 229 из 1000
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Idea

with regards to succession planning, we have tried to make the process as simple as possible with an user friendly app.

Current Status

App is ready and will be launched within this week

Market

every person who owns bank account,a car, home is our target.

in present time having a will is not only a document it is a surety of safeguarding your family and assets when you are no longer in this world.

Problem or Opportunity

WILL IN UAE WILL ALWAYS PUT YOU ON THE POSITIVE SIDE, GETTING A WILL WRITTEN IN UAE COMES WITH THE FOLLOWING BENEFITS
Less time taken by the court in the distribution of your estate
Your wishes will be accepted with regard as per your will in Abu Dhabi and Doha/Qatar in the UAE
You will rule the decision of your estate inheritance
Gratuity/End of service benefits/Workman compensation
Benefits of life insurance policies can be passed on to desired people
Life Policies can be passed to the people of your choice
Any and all Investments can pass to the people of your choice
No chance of family arguments everyone knows what they will have
Block your ex-partners with an exclusion clause
Freedom to make a special provision for children from any previous marriage
Make a (Hibba) Gift of money to a family member e.g. your parent
Choose your own trustworthy executors
Protect and safeguard your children with temporary & permanent guardian

Solution (product or service)

AS AN EXPAT RESIDENT, WHY IT IS MANDATORY FOR ME TO HAVE WILLS IN UAE/GCC ?
As Per the Inheritance Laws In GULF, either you are an expat or investor in UAE, you do possess the right to have the last Will and testament prepared as per your desires by registered Wills Draftsman or any Wills specialists in UAE.

If an expat dies without in UAE, the UAE courts will make the destribution of your estate as per the Sharia Law. The Wills for expats in UAE is the document that assures favorable destribution of your estate.


What actually happens if you pass away without Wills in UAE/GCC ?

All the bank accounts are frozen immediatly (Single/Joint)
All dependent visas are cancelled including children.
Local Law will/may apply to the distribution of the estate, which may be unfavorable as per your point of view.
Children may end up receive nothing.
Life Policies & EOS benefits can be passed onto your estate instead to your family.
Any other Investments can be frozen/delayed
Family arguments within the Estate.
Ex Partners (husband/wife) can stake a claim in your estate.
Tax Man can have up to 40%+ of your money (Applies to countries where IHT is applicable).

Competitors

market is huge , competitors are many but pioneers are few

Advantages or differentiators

no one has ever done this kind of application, we are the first one

Finance

Wills AED
Single Will (for one person) From 3,000.00
Mirror Will (Husband & Wife) From 4,000.00
Please Note that the Translation/Attestation fees are separately.
Power of Attorney AED
Single (One Person) From 1,000.00
Double (Two People) From 2,000.0

Money will be spent on

we want to connect this app with government departments, schools, hospitals to make sure data flow never stops and information can be reached to right person at right time.

Money will be spent on developers, designers and advertisement

Offer for investor

we will sit and talk about it

Team or Management

Risks

we do not see any risks the market is huge

Won the competition and other awards

https://we.tl/t-XqRFihpwnl

Please have a look at the file for our achievements

Photos

Photo 1 - Just Wills

Product Video

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address