In Moser v.Moser,the case in the text,why did the court hold that Barbara did not make a gift of the limited partnership's property to her children?

Question

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The trial court determined that Terrance and Barbara had not made valid,inter vivos gifts of their interests in the Moser Family Limited Partnership to the Moser children.In Barbara's case,the court relied upon her testimony that she did not intend to relinquish ownership interest in the Partnership until her death.
In Terrance's case,the court found the intent to make such a gift in the Memoranda of Gifts signed by Terrance on December 31,1997.However,the court also found that there was no delivery of the Memorandum of Gift letters to the Moser children or to Barbara as their custodian.The court also concluded that Terrance had not relinquished control over his ownership interest in the Partnership in a manner consistent with the intent to make a gift.

In Moser V