Planned gift – in the area of Inheritance Law this phrase details a gift in charity, which needs a formal document as per the provisions of the local legislation (for example, a will or gift deed), in order to be effective and valid.
*Note that it is advisable to hire a lawyer who to draw your will or gift deed. Lawyers are qualified in Law and they know what terms and conditions should be implemented in such forms to protect the interests of gift makers (testators).