NAND GOPAL (MANAGER) 21 December 2024
A huf comprises couple and a special minor kid. In case death of husband,
what will be future of huf?
Can wife continue the huf? If yes, what will be her capacity & rights?
Can she withdraw/ deposit in bank account?
Can she open/ close fresh/ old fixed deposit?
Can she redeem/ buy mutual fund units/ shares?
Can she buy/ sell immovable property of huf?
Shashi Dhara 21 December 2024
Wife can continue in HUF if she wants, if her husbands earnings are treated as self acquired, if he dies intestate then it is inherited by his mother, wife and childrens equally, it depends upon situation. Others have no right on self acquired property.
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