In January, Agnes is diagnosed as having a terminal illness. Her nephew, Stan, will graduate from college in May, and she would like to give him $50,000 as a graduation present. She has stock worth $50,000 that she could either give him directly or sell and transfer the cash. Since she may not be alive in May, Agnes is considering making the gift now (four months prior to graduation). If Agnes should die before making the gift, her will stipulates that Stan will receive the stock. Identify the relevant tax issues that Agnes should consider in making her decision.