Ken made the following transfers during the current year. Determine Ken's taxable gifts for the current year.

Transferred $250,000 in cash and securities to a revocable trust, life estate to himself and remainder interest to his two children.

Purchase a $50,000 automobile for his fiance. Purchased a $75,000 certificate of deposit listing title as "Ken, payable on proof of death to Linda.

Paid $20,000 to a college for room and board for his nephew

Paid $24,000 to a college for tuition for his nephew.

Gave his aunt $40,000 for a medical procedure.