Gamete Intrafallopian Transfer (GIFT) is a fertility treatment used to assist in conception by placing eggs and sperm directly into the fallopian tubes, and is suitable in cases of infertility except with damaged tubes. The procedure involves several steps including ovarian stimulation, egg retrieval, and fertilization, and typically takes about one and a half months to complete, costing around $15,000 to $20,000 per attempt. While GIFT presents advantages like a belief in natural conception and cost-effectiveness compared to IVF, it also carries risks such as multiple pregnancies and potential congenital disabilities.