huf assets

Querist : Anonymous (Querist) 26 January 2010 This query is : Resolved
I am born & brought up in maharashtra. I have three daughters & no son. my first daughter married in gujrat, second and third in maharashtra. after marriage of all daughters can i continue huf ? with only wife as member ? or what will be position of huf and who will be coparcenor? if i continue huf what will happen after my death. i have good amount of investments in shares/govt.securities etc. pl. guide

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Sachin Bhatia (Expert) 26 January 2010
HUF is still continuing even though your all 3 daughters have married and after your death property left by you will be equally inherit by your wife and all 3 daughters.

Srinath Kondapally (Expert) 26 January 2010
all ur children as well as your wife are coparcenors of your HUFevan after ur death also

Raj Kumar Makkad (Expert) 26 January 2010
Again repeated quarry.

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