At least when I dealt with this mess a couple years ago, AWS support did not have reassuring answers. They claimed they could separate it, but if something went wrong we were on our own without spending large amounts of money on premium support.
Lucky for me most of our resources were already in child AWS accounts and the rest could be migrated, so I was able to create a _new_ top-level AWS account, re-parent the child accounts, and delete the old parent account instead. At least with that process we could create a throwaway child account and test every step before doing it for real with production.
My account is very old. From the sounds of it, my grievance has been addressed by Amazon but I'm grandfathered on the old system.