Steve Silver, a new client, owns stock in HyTeche, Inc., which recently had an initial public offering. In early 2018, his stock is valued at $8 mill ion. His only other asset is $9 million of cash. Unfortunately, he has a terminal illness and has a life expectancy of less than a year. He believes that the stock's value will escalate to about $10 million by the time of his death. Steve, a widower, wants his daughter Sylvia to end up with the stock. He wants you to do a projection of his total transfer tax cost (gift and estate) if he gives the stock to Sylvia immediately compared with his total transfer tax cost if he leaves the stock to Sylvia under his will. He explains that Sylvia is not likely to sell the stock. Thus, the stock's basis is a moot issue. Prepare projections for the total transfer tax cost of gifting now versus passing on at death under the assumption that he will die in late 2018 when the stock will be worth $ 10 million.