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.
TANF stands for Temporary Assistance for Needy Families. It is a federally funded grant program that allows states to create and administer their own assistance programs for families in need. TANF replaces the federal programs previously known as welfare, and enables states to offer a wide variety of social services.
Temporary Assistance for Needy Families (TANF): This public assistance program is run at the state level, and it can provide cash assistance to needy families. Funds can be used to pay for basic living expenses such as food, rent, utilities, and medications. It also requires parents undertake job preparation, work, and marriage.