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What does Trust Deed ‘Assist’ do?

  • Assist is a tool that extracts and retrieves textual information from a given source (e.g. documents, images) using artificial intelligence (AI) technology. The maximum size is 160 pages.
  • It will identify all beneficial owners and persons of significant control within the Trust e.g. settlors, trustees, appointors etc.
  • This enables compliance teams to complete trust due diligence within minutes, with 90% faster data and beneficial owner identification.
  • Once the trust’s beneficial owners have been identified, the trust’s ownership structure will be constructed for you based on the extracted data.


Please note there is a billable charge for each assist verification. Please contact support@firstaml.com for further information on costings.   



What documents can be used with Trust Deed ‘Assist’?

Trust Deed Assist can extract information from a range of document types that contain trust details.

The most common document used is a Trust Deed, typically provided as a PDF. However, Assist can also process other documents that clearly outline trust information.

Examples of supported documents include:

  • Trust Deeds

  • Letters confirming trust details

  • Certified copies of trust documents

  • Handwritten letters or documents containing trust information

Documents do not need to be searchable PDFs. Assist uses AI to read and extract information directly from the document, even if text search (Ctrl + F) is not available.

Handwritten content can also be processed. Extraction accuracy will depend on the legibility of the handwriting, but the system is able to successfully extract many handwritten certification sections and similar content.

For best results, ensure the document:

  • Clearly shows the relevant trust details

  • Is legible and unobstructed

  • Is within the 160 page maximum file size



How to use Trust Deed ‘Assist'

  1. The ‘Assist’ function is available once a trust deed is received by the platform, either by upload or submission through the secure web form via the ‘Trust Deed’ requirement.
  2. Click the ‘Extract’ icon. You will see a pop-out prompt asking whether you would like to use Assist to extract details from the document.
  3. The extraction process will take approximately 60 seconds or less. Once extracted, click ‘Preview’ to view the extracted trust details.
    1. The ‘Assist’ feature will extract, highlight and provide the page number for the following fields:
      1. Trustees
      2. Settlors
      3. Settlement Sum
      4. Appointors
      5. Beneficiaries
      6. Protectors
      7. Guardians
      8. Nominees
  4. If you want to edit or review any details, click the ‘Edit’ button. This will allow you to amend any details and add types to the various beneficial owners.
  5. If everything looks correct, you can go ahead and click ‘Unwrap’. This will build the trust’s beneficial ownership structure based on the extracted fields within the ‘Structure’ tab.


Video showing the Trust Deed ‘Assist’ workflow


Requirement Type: Certified Trust Deed 

  • Requirement type "Certified Trust Deed" will have all the same extraction functionality as the "Trust Deed" requirement
  • We have an extra feature for "Certified Trust Deed" that confirms a certification is detected, the date of certification, and name of certifier. 


How to configure Auto Assist within Settings

  1. Navigate to 'Settings' --> 'Document Reader' 
  2. Assist is toggled on as a default. To enable automated data extraction for every document, toggle on 'Automated Assist on every document upload.' Please see the screenshot below for more information.



Further Questions?

Questions regarding legal terms, privacy and data security? Please refer to our FAQs and our Legal page.

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