#FamilyWealthPreservation Archives - Knowledge Base

HUF vs trust ?

HUF benefits HUF Benefits and a trust are two different legal entities with distinct characteristics and implications. Here are some points of comparison between HUF and a trust: HUF benefits Formation: HUF is form by the members of a Hindu family, including their ancestors and lineal descendants, and it is create by operation… Read More »

HUF benefits?

Advantages of HUF Forming and maintaining a Hindu Undivided Family (HUF) presents a host of compelling benefits. Below, I outline several key advantages of HUF: 1. Tax Planning and Savings: HUF provides opportunities for tax planning and savings. It is treated as a separate tax entity, allowing for income splitting and tax optimization among… Read More »