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 ?
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Transmission of HUF FD
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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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