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.
Grantor-Trustee-Beneficiary. A person may be a grantor-trustee-beneficiary if he sets up an inter-vivos trust, also known as a living trust. In a living trust, the grantor creates the trust, but names himself as the initial trustee and beneficiary.