If not chosen with care, complications outweigh the tax benefits that a Hindu Undivided Family gets
It is often said that tax is a fine for doing well. Cliched it may sound, but most taxpayers go to great lengths to save on taxes. This may be through investments made just to save taxes, irrespective of whether the product helps meet goals or not, or putting money in a scheme just because everyone else is. Some choose to create a Hindu Undivided Family (HUF).