What happens to a huf property,if karta dies or the other member dies?

This query is : Resolved 

Querist : Anonymous (Querist)
25 November 2011

Ram Ji and Bimla Ji formed an HUF.Ram Ji is Karta, suppose a property is bought in the name of this HUF and unfortunately after that Ram Ji (Karta) dies-who will be the legal owner of that property and if the wife Bimla Ji dies then who would be the owner of this property and suppose both die simultaneously then what?

They have 2 Major Kids also,they are out of this HUF-would they get some share in any case ??--please explain with some references...

Is it advisable to buy a property in the name of HUF instead of individual name- any harm/any benefit??

raj kumar makkad (Expert)
25 November 2011

Property shall equally be inherited by both brothers in the given case.

Shailesh Kr. Shah (Expert)
27 November 2011

what is the actual query?

why i suppose?

prabhakar singh (Expert)
27 November 2011

When none is dead why should one necessarily suppose so! Is it good to suppose that too about Ram ji.?????????????

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