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) cash assistance is a federal-state programthe federal government sets basic rules for administering TANF cash assistance, but states have responsibility for developing their programs and income eligibility limits and benefit levels vary widely across the states.