Accountant restructures a trust: which table 6 item?

People search “trust restructure designated service” when an accountant is varying a family trust deed and cannot tell whether that is creating a trust or managing one. Checked against AUSTRAC's professional designated services page on 4 October 2026. This is general information, not legal advice. This page does not reproduce that guidance. The decision aid is the designated services decision tree. The table itself is table 6 designated services. The sector map is /tranche-2.

One sentence before the row

A trust restructure designated service argument goes wrong when the file says restructure and stops. Table 6 is a list of services, not a list of client projects. An accountant varying a family trust needs a verb. Are you creating a new trust, changing an existing deed, replacing the trustee, or only calculating the tax effect while a lawyer does the deed.

This page will not choose the item. Two honest sentences can point at two different rows. The decision tree is the place you take the sentence. Until the program has an answer, do not assume a deed variation is ordinary tax work.

• Use a verb. Create, vary, replace the trustee, or advise only.
• Say who signs. If you prepare and circulate the deed, you are closer to the arrangement than if you only read it.
• Keep advice separate. A tax note with no role in the arrangement is a different description from effecting the change.
• Do not borrow the company's row. A trust is not a company formation with a different label.

Four restructures that are not one row

The same family group can ask for all four in a year. Each gets its own sentence in the program. The beneficial owners of the trust remain a separate question once a service is in scope.

Where the restructure page stops

This page forces a clearer sentence. It does not pick the table 6 item. Take the sentence to the designated services decision tree.

If the service is in scope, who owns or controls the trust is the beneficial owner of a trust, not a by-product of the variation. The variation does not answer that list.

What the client pays

On FreeAML the firm suite is A$0. The firm emails the client a link. Verification is client-pays. On the public list a personal KYC check is A$20 and a company or trust KYB check is A$40. Use KYB when the customer is a company or a trust. Naming the table 6 item is not a KYB check, and the trust check does not include every person on the deed. Confirm the live amounts on FreeAML pricing. FreeAML does not pick the table 6 item for a trust restructure or decide the work is out of scope.

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