HUF property, partition, and tax rules explained in simple terms; what happens after Karta's death?

When the head, or Karta, of a Hindu Undivided Family (HUF) dies, the family does not break up. Instead, the eldest coparcener, who can be a male or female member, steps up as the new Karta. This person then takes charge of the family’s assets and handles legal and financial matters. This system helps keep the family’s wealth and affairs running smoothly after the previous Karta’s passing. What happens to a Hindu Undivided Family (HUF) after the Karta’s death?