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.
For a testamentary trust, as the settlor is deceased, he or she will generally not have any influence over the trustee's exercise of discretion, although in some jurisdictions it is common for the testator to leave a letter of wishes for the trustee. the person who specifies that the trust be created, usually as a part of his or her will, but it may be set up in abeyance during the person's lifetime. 2  This person may be called the grantor or trustor, but is usually referred to as the settlor;