How do you gift bitcoin?

Could you elaborate on the process of gifting bitcoin? I'm curious about the steps involved and any potential considerations one should make. Does it involve creating a new wallet specifically for the recipient? Are there any fees associated with the transfer? Additionally, what are some security measures one should take to ensure the transaction is secure and the Bitcoin reaches the intended recipient safely? I'd appreciate a comprehensive overview of the gifting process, as well as any advice or best practices you could share.