If you want the trust to hold the shares longer than that, however, you need to have special S Corporation provisions added to your trust, so that the trust can be a permitted shareholder under the IRSâs regulationsâonly certain kinds of trusts are allowed to hold stock in S Corps.
Affect is the experience of feeling or emotion. Affect is a key part of the process of an organism's interaction with stimuli. The word also refers sometimes to affect display, which is a facial, vocal, or gestural behavior that serves as an indicator of affect (APA 2006). The affective domain represents one of the three divisions described in modern psychology: the cognitive, the conative, and the affective.
Affective is a word that crops up a lot in psychologyâit means having to do with emotions or moods. Affective disorders are characterized by mood swings. It can be tricky to remember the difference between effective and affective (but easier than distinguishing between effect and affect). Effective makes a judgment about how something worksâan effective strategy is one that works well.