Capacity of settlor of revocable trust.

  1. Law
  2. New Mexico Statutes
  3. Uniform Trust Code
  4. Revocable Trusts
  5. Capacity of settlor of revocable trust.

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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.

History: Laws 2003, ch. 122, § 6-601.

ANNOTATIONS

Effective dates. — Laws 2003, ch. 122, § 11-1106 made the act effective July 1, 2003.

Law reviews. — For article, "The New Mexico Uniform Trust Code," see 34 N.M.L. Rev. 1 (2004).


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