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.
PRWORA replaced AFDC with TANF and ended entitlement to cash assistance for low-income families, meaning that some families may be denied aid even if they are eligible. Under TANF, states have broad discretion to determine who is eligible for benefits and services.