The Israel Horovitz drama will be presented Dec. 5, 2014-Jan. 4, 2015, at the Don & Ann Brown Theatre.

Parsons will be joined by the newly announced Tim Altmeyer and Angelica Page.

"I am thrilled that the remarkable Estelle Parsons is joining us at Palm Beach Dramaworks to take on this rich, complex character," said producing artistic director William Hayes, who will direct the play, in a recent statement. "Estelle is a national treasure, whose fearlessness, ferocity, artistry, and blazing intelligence have made her one of the finest actors of this or any other generation. I look forward to working with her, and I am delighted that our audiences will have the opportunity to see her 'up close and personal' in our intimate theatre."

Playwright Horovitz added, "It's no secret that Estelle Parsons is a great actress. It is, however, an extremely well-kept secret that some 40 years ago, Estelle played a 400-pound inmate of an obesity prison in a play of mine called The Reason We Eat. Estelle was padded and, most nights, so was the audience. In fact, Estelle was brilliant in my less-than-brilliant play. She was hilarious and heartbreaking - an unbeatable combination. I am thrilled that Estelle and I are back on the diving board together. And it's a double thrill because it's happening at Palm Beach Dramaworks with the ever-talented Bill Hayes at the helm."

Set in Paris, My Old Lady, according to press notes, is a "three-character play that takes place in the apartment of Parsons' character, Mathilde. In France, a property owned by an elderly person can be purchased for a price well below market value. The new owner must allow the occupant to remain in the home until his or her death, and pay that person an agreed upon fee as well. This real estate arrangement is known as a viager. In My Old Lady, a down-on-his-luck New Yorker named Mathias has inherited Mathilde's apartment from his father, unaware of the circumstances. He discovers the reality of his situation only after he arrives in Paris with the hope of selling the apartment. With no money and nowhere to go, Mathias winds up living with Mathilde and her rigid daughter, Chloé. Their lives soon intertwine in unexpected and profound ways." Palm Beach Dramaworks is a non-profit, professional theatre and is a member of the Theatre Communications Group, the South Florida Theatre League, Southeastern Theatre Conference, Florida Professional Theatres Association, Florida Theatre Conference, and the Cultural Council of Palm Beach County.

Subscriptions for the 2014-15 season are on sale now. Single tickets will be available beginning Sept. 15. For ticket information contact the box office at (561) 514-4042, ext. 2 or visit www.palmbeachdramaworks.org.