Kwambe is thinking of making a substantial gift of stock to his fiance, Maya. The wedding is

Kwambe is thinking of making a substantial gift of stock to his fiancée, Maya. The wedding is scheduled for October 1 of the current year. Kwambe already has exhausted his unified credit. He also is considering giving $28,000 cash this year to each of his three children by a previous marriage. What tax issues should Kwambe consider with respect to the gifts he plans to make to Maya and his three children?