Tool Presets Palette

With the Tool Preset Palette, you can see what are the presets of every tool. The image above shows the presets of the Brush tool for example.
You can create a new preset by clicking on the new tool preset icon at the bottom of the palette

You can delete a preset tool by clicking on the trash can at the bottom of the palette

By clicking on the option button at the right top of the tool preset palette you can access many options.
You can save the preset you've created and you can even load some that you have saved earlier.