An individual taxpayer makes the following gifts during the year: a residence to his married son; a life estate in a trust to his older daughter; and a remainder interest in a trust for his younger daughter. In addition, the taxpayer makes a cash contribution to a qualified charity. Which of the gifts qualified for neither a deduction nor an exclusion in determining the taxpayer$$s gift tax for the year?

Group of answer choices

The life estate in the trust

The cash contribution

The remainder interest in the trust

The residence