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 (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.