UK life insurance trusts

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Does anyone know much about what happens when you try to put an existing UK term life insurance policy in a trust? (In this case as a German resident with German beneficiaries.) I'm aware that there are no trusts in German law and therefore assumed there could be some tax and inheritance traps connected with their use.

 

Alternatively would be happy for a referral to a lawyer who does know his/her way around this area! Tried to get some advice from one lawyer already, but he could not come to a definitive conclusion.

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