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.
Married couples who set up one trust together are co-grantors of their trust. Only the grantor(s) can make changes to his or her trust. The trustee manages the assets that are in the trust. Many people choose to be their own trustee and continue to manage their affairs for as long as they are able.