investigate how to capitalize my World ETFs in the most proper way and it seems holding them directly on broker is more tax efficient for withdrawals vs FR life insurance tax wrapper at bank, plus it’s more mobile tax wise if I move tax residency someday. difference is 31% max tax on withdrawals currently vs 42% max if I opt for life insurance + my current plan can be moved to a low tax jurisdiction more easily cause its not in a regulated tax wrapper. so, my current situation with no tax wrapper that seems inefficient to all the banks I talk to… still wins! it only loses if I die and there is succession #life