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) (Basic Eligibility for TANF Cash Assistance) TANF cash assistance is a program providing temporary financial assistance to needy families. The receipt of TANF cash assistance is limited to 60 months in an adult's lifetime. Temporary financial assistance may be provided to the following families and individuals: