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The HUF does NOT automatically dissolve on the Karta's death. The next eldest male coparcener (son, or daughter post-2005) becomes the new Karta. The HUF continues. All assets remain in HUF, they don't go into the deceased Karta's estate.
Estate planning · HUF
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The HUF does NOT automatically dissolve on the Karta's death. The next eldest male coparcener (son, or daughter post-2005) becomes the new Karta. The HUF continues. All assets remain in HUF, they don't go into the deceased Karta's estate.
Hindu Succession Act 1956, Sec 6 | Coparcenary law
This is the key estate planning advantage of HUF: HUF property bypasses the Will, Probate, and succession laws. It passes directly to the next Karta with no court process. Banks update the Karta name on submission of Death Certificate + family proof.
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