huf deed format

HUF CREATION DEED

DECLARATION BY KARTA

I, [insert name of Karta – oldest male member], son of [insert fathers name of Karta, insert his address], aged [insert age], do hereby declare:

That I am Karta of an HUF namely [insert surname/family name] family residing in the above mentioned house consisting of me and my wife [insert wife’s name, and also names of children and other family members if there are any];

That I received on behalf of the HUF gift of Rs. [Insert amount] by way of CASH/CHEQUE from my FATHER [Insert Fathers name] on [insert date] which formed the corpus of the HUF;

That the HUF at present is consisting of the followings members:

1. [Insert Karta’s name], [Adult], [insert complete address] and

2. [Insert name of Karta’s wife], [Adult], [insert complete address] and

3. [Insert name of children if any] [Minor], [insert complete address];

That the above statements are true to the best of my knowledge & belief.

[Insert Karta’s name]

Sd/-

Date: [Insert date month and year]

WITNESS 1:

[Insert name of Witness 1], resident of [Insert Address of Witness 1]

WITNESS 2:

[Insert name of Witness 2], resident of [Insert Address of Witness 2]