Condensation is the process by which water vapor in the air is changed into liquid water. Condensation is crucial to the water cycle because it is responsible for the formation of clouds.
1 Grantor: the person who sets up the trust. Also sometimes referred to as the trustor, donor, or settlor..  Trustee: the person designated to manage the trust assets. In a Revocable Living Trust, the grantor and the trustee are usually the same person.
A grantor transfers property, which includes money and assets, to a trust for the benefit of the trust's beneficiaries. The trustee will distribute property to the beneficiaries in accordance with the terms of the trust, as written by the grantor. A trust can have one beneficiary or multiple beneficiaries.he grantor can appoint one of the beneficiaries to be the trustee. However, the grantor cannot be the trustee of an irrevocable trust. The terms of the trust instruct the trustee on what duties to perform and how to distribute property to the beneficiaries.