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of <h1>Family Wealth Preservation: Hindu Undivided Family Enables Generational Income Tax Benefits Through Unique Legal Inheritance Structure</h1> A Hindu Undivided Family (HUF) is a legal entity under Hindu law recognized for income tax purposes. It encompasses lineally descended persons from a common ancestor, including wives and unmarried daughters. Unlike a coparcenary which is limited to male descendants, an HUF is a broader taxable unit with no strict limitations on number or remoteness of family members. The concept is a legal construct that cannot be arbitrarily created except through legal mechanisms like adoption.
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