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
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.