What is required for a conditional gift to take effect?

A conditional gift, particularly in the context of a will, requires that the conditions specified in the will must be met for the gift to become effective. This means that if the testator outlines specific criteria that must be fulfilled for the beneficiary to receive the gift, those criteria must be satisfied. Only upon meeting the stipulated conditions does the gift legally pass to the intended recipient.

This principle reflects the intent of the testator, highlighting that the gift is not intended to be a straightforward transfer of property but rather is contingent on certain circumstances being fulfilled. The need for compliance with these conditions is foundational to the concept of conditional gifts, ensuring that the wishes of the deceased are honored according to their design.

The other options do not encapsulate the requirements for the effectiveness of a conditional gift. For example, while a time and date specification could be part of a condition, it is not universally necessary for all conditional gifts. Similarly, consent from other beneficiaries or court approval may be relevant in different contexts, such as estate administration or challenges to a will, but they are not prerequisites for a conditional gift to be effective.