The Hindu Succession Act 2005, as clarified by the Supreme Court in Vineeta Sharma vs Rakesh Sharma, grants daughters coparcener status with equal rights to sons in ancestral property. This status is acquired by birth, and daughters born after the Act's commencement in 1956 are entitled to equal shares. While daughters born before 1956 are not entitled to equal shares by birth, the father does not need to be alive on the amendment date for daughters to claim their rights.