Special rules apply if the trust will hold stock or shares in a corporation, and particularly if the corporation is an â S Corporation. â Only certain trusts can be shareholders of an S corporation: 1  Grantor trusts.
WHAT IS AFDC? AFDC (Aid to Families with Dependent Children) is a program administered and funded by Federal and State goverments to provide financial assistance to needy families. In an average State, more than half (55 percent) of the total cost of AFDC payments are funded by the Federal goverment.
The purpose of. the program is to help needy adults take care. of their families and become self-sufficient. In. addition to cash benefits, the TANF program. has a variety of services that help people find. and keep jobs.