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.
The Georgia Temporary Assistance for Needy Families (TANF) program is designed to help needy families achieve self-sufficiency. States receive grants to design and operate programs that accomplish one of the purposes of the TANF program. The four purposes of the TANF program are to: 1  Provide assistance to needy families so that children can be cared for in their own homes. 2  Reduce the dependency of needy parents by promoting job preparation, work and marriage. 3  Prevent and reduce the incidence of out-of-wedlock pregnancies.