* The nuclear envelope reforms around each set of chromosomes. This separates the genetic material into two distinct nuclei.

* The chromosomes uncoil and become less condensed. They return to their more thread-like form.

* The spindle fibers disappear. These structures were responsible for pulling the chromosomes apart during the previous stages.

* Cytokinesis begins. This is the process of dividing the cytoplasm and organelles, ultimately creating two separate daughter cells.

Essentially, telophase marks the final stage of both mitosis and meiosis, where the cell is preparing to physically divide into two new cells.