1. Establish the trust file
   • . Preliminary reading of the trust establishment document to identify parameters and instructions is conducted
   • . The trust file is created according to organisational requirements
   • . Deposit of trust funds is arranged
2. Provide for the ongoing management of the trust
   • . A diary system is established to efficiently identify relevant dates
   • . Needs of beneficiaries for both income and capital are identified and arrangements made for an investment strategy to be prepared
   • 2.3. Beneficiaries' profiles are established and relevant records obtained
   • . Regular statements of accounts are prepared and arrangement made for lodgement of tax
   • . Applications by beneficiaries for advance of capital or income are responded to
   • . Assets and investment strategies are reviewed periodically and appropriate changes made

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.