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, guarantor, and trustee ... While all three are financial terms, their meanings intertwined in trusts and debt, one of these terms is not really related to the others, although it sounds and looks similar. A grantor is the creator of a trust.