(2) A revocable trust remains a revocable trust for the purposes of ORS 130.520 to 130.575 even though the trust cannot be revoked because:
(a) The settlor becomes financially incapable; or
(b) An event occurs that by the terms of the trust prevents the revocation of the trust. [2005 c.348 §45; 2009 c.275 §16]