ORS 130.500: UTC 601. Revocable trusts generally.

(1) A person who has capacity to make a will has capacity to create, amend, revoke or add property to a revocable trust, or to direct the actions of the trustee of a revocable trust.

      (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.