Current with changes from the 2024 Legislative Session
Section 14.5-601 - Capacity of settlor(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.Amended by 2015 Md. Laws, Ch. 450,Sec. 2, eff. 10/1/2015.Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.