Trustees cannot depend on giving donors a testamentary limited power of appointment as a way of making sure that a transfer to a trust is not a completed gift, trust managers tell an ABA Real Property, Trust and Estate Law section teleconference. In the wake of a February IRS memorandum, Bessemer Trust officials say using retained testamentary limited powers of appointment are no longer an absolute way of avoiding having a transfer to a trust treated as a completed gift if the grantor is not the sole beneficiary.