Islamic Will is the most popular and easy-to-create and maintain estate plan. The good news is that it is recognized by worldwide Wills and Succession laws. You can create Single or Multi-country Last Wills and Testament to fulfill debt obligations, allow testamentary bequests, provide guardianship for minors, and protect inheritors.
Regardless of your estate planning strategy, you will need Pour-Over Wills to cover the estates left out of the Trust. For example, if you create Trust or Waqf, Pour-Over Wills can work as a backup.
The Trusts (or Waqf) are created to manage wealth while living and estates after death. We offer a revocable Islamic Trust or Waqf for an individual or family that shariah compliance with AAOIFI guidelines and legal laws of the country. Trust can help you save from the time-consuming and costly probate process required for a Muslim Wills. Wassiyyah offers Trust-related products specific to countries including Canada, United States, Australia, England, Wales, Scotland, Northern Ireland, India, China, Indonesia, Malaysia, Nigeria, China, and many others.
You may not need to terminate or dissolve the Trust once established; however, situations may arise to dissolve the Trust. Wassiyyah offers country-specific Trust Revocation forms for countries including Canada, United States, Australia, United Kingdom (England, Wales, Scotland, Northern Ireland), and many others.
To cover non-titled assets and items, Wassiyyah offers a country-specific Deed of assignment for transferring assets and items in or out of the Trust.
Wassiyyah offers country and jurisdiction-specific Living Wills or Healthcare directives to allow or disallow specific Medical treatments (such as Cardiopulmonary Resuscitation (CPR), Ventilators, implantable cardioverter-defibrillator (ICD), Pacemakers, Artificial nutrition and hydration, etc.), Organ donations, and transplantations in line with Islamic bioethics principles and the legal laws of country.
We offer a country and jurisdiction-specific Power of Attorney for Property or Finance to manage assets globally. This is is a highly essential estate plan to manage assets remotely when you have assets located nationally or internationally.
We offer a country and jurisdiction-specific Power of Attorney for Healthcare or Medical (called Personal Directive) to uphold values and beliefs. A Personal Directive is a highly essential estate plan; it resembles your values, likes, habits, and takes care of you in a mental incapacity.
Wassiyyah offers a Deed of Gift or Hibah (also called inter-vivos) for lifetime gifts for family or any individual customized to meet your Sunni jurisprudence (i.e., Madhab).
We offer a Letter of Wishes that you can create side-by-side with Last Wills, Pour-Over Wills, and Trust as a legally non-binding agreement that serves many purposes and gives you and your inheritors peace of mind. You can achieve tax efficiency and optimize estate planning without compromising Legality and Shariah. Wassiyyah offers country-specific Letters of Wishes to ensure compliance.
Create a Beneficiary deed (or TOD deed) for a family or any individual to transfer residential properties upon death to save from the hassle of Probate. Creating Beneficiary deeds requires utmost care to prevent non-compliance under Shariah (i.e., Islamic law of Inheritance). Wassiyyah offers a Transfer on death (TOD) deed for the United States, includes 30 states (Alaska, Arizona, Arkansas, California, Colorado, Hawaii, Illinois, Indiana, Kansas, Maine, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Texas, Utah, Virginia, Washington DC, Washington, West Virginia, Wisconsin, and Wyoming). It is not offered in other parts of the world due to a lack of legal framework.
The Islamic Inheritance certificate serves a vital purpose for executors and trustees during Probate processing and Trust settlement in support of Islamic Wills.
Wassiyyha offers an Islamic inheritance calculator as a free tool that dynamically calculates the Islamic Inheritance (Mawarith) based on your Sunni Muslim jurisprudence Madhab (i.e., Hanafi, Shaafi, Maliki, and Hanbali).
The marriage relationship is an important milestone everyone is excited about and looks forward to. In modern society, written agreements have become the norm to have peace of mind in marital life. Wassiyyah offers customized Marriage contracts, Marital (Prenuptial and Postnuptial Agreements, and Settlement (or Divorce) agreements compliant with legal and Islamic law.
Wassiyyah provides a worldwide, tax-efficient, shariah-compliant, investment-friendly, and affordable Islamic estate planning solution. See Endorsements, Recognitions, and Testimonials.
You get many benefits as a premium or advance member for the low value. Wassiyyah also provides in-person consultations locally and support for creating estate plans, the most precious gift. Wassiyyah offers a guide for highly populated European British, South African, South American, and Middle Eastern countries. Wassiyyah offers resources for succession planning related to business, entrepreneurship, or joint ventures, which differs from individual estate planning. Additionally, through exclusive online courses, Wassiyyah Academy offers guidance about Islamic inheritance, Muslim estate planning, and Islamic bioethics.
Wassiyyah is an estate planning service provider but not a legal firm and does not provide legal advice. Wassiyyah work with experts, lawyers, and Islamic scholar to create the high quality estate plans ensure meeting the standard above and beyond. Wassiyyah includes third-party logos for the "As Seen In" purpose, but it does not imply any associations, partnerships, or endorsements.
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