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Transmission of HUF FD

Others 270 views 3 replies

I am sr citizen have huf bank account and fd in bank. I am karta by deed. How same will be transferred to whom ? ( 2 sons, elder nri younger res indian ) any suggestion for smooth transfer ? Can wife be karta ?

Replies (3)
Transfer to sons

Question is after death of karta  is transfer automatically ? or what is procedure ... 🤔

No even after death of karta, HUF will continue with eldest son being karta. Yes wife can also be Karta


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