Conditional Gifting- What Is It and How to Use It in Your Estate Planning

Conditional Gifting: What Is It and How to Use It in Your Estate Planning

An estate plan’s primary purpose is to organize how an individual’s estate will be disposed of when they die. In addition, estate planning documents may outline how the estate owner—referred to as the testator—should receive medical treatment, who will manage their finances if they become incapacitated, who they wish to designate as guardian to any…