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.
Temporary Assistance for Needy Families. The TANF Program. The TANF program was established by Congress in 1996, and was implemented to replace the Aid to Families with Dependent Children welfare program. In 2008, it is estimated that the Federal government will dedicate $20.9 billion dollars to the TANF block grant program.