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Statutes Text

Article - Estates and Trusts




§14.5–601.

    (a)    The capacity required to create, amend, revoke, or add property to a revocable trust, or to direct the actions of the trustee of a revocable trust, is the same as that required to make a will.

    (b)    Nothing in this section shall be construed to prohibit the creation of a revocable trust if that creation is otherwise authorized under State law.

    (c)    The fact that the settlor becomes incapacitated or loses the capacity required to create a will does not convert a revocable trust into an irrevocable trust.



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