Tag Archives: #HUFDeedDrafting

Q3.29 HUF formation process: How HUF is created ?

HUF formation process

HUF formation process Website link HUF formation process: Lineal Descendants: The HUF includes lineal descendants of the common ancestor, such as sons, grandsons, great-grandsons, etc. Female members, including the wife, daughters, and daughters-in-law, are also considered part of the HUF. Intention: The intention to form an HUF is important, where the family members consciously decide… Read More »

What is huf deed?

HUF buy Property

HUF Deed   HUF Deed, also known as HUF Agreement or HUF Declaration, refers to a legal document that establishes the existence and rules of operation for a Hindu Undivided Family (HUF). It outlines the rights, responsibilities, and powers of the family members within the HUF. Here are some key points regarding HUF Deed: Formation… Read More »