Wealth Dynasty

Kurt Tucker and Mark Schmidt
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Wealth Dynasty is the podcast for global citizens, high-net-worth individuals, and legacy-minded leaders who know true wealth is more than numbers on a balance sheet. Each week, we share conversations with experts and everyday builders of wealth to uncover the strategies, systems, and mindsets that turn success into legacy. From estate planning and tax strategies to investing, insurance, and family governance, we break down both emerging trends, and timeless principles, so you can preserve what you’ve built, scale it further, and ensure it lasts for generations. This isn’t hype or jargon. It’s clear, actionable insight designed to help you grow, protect, and pass on wealth that matters, not just for you, but for those who come after you.

  1. How to Prepare For Medical Exam

    4 days ago

    How to Prepare For Medical Exam

    Getting life insurance is one of those things people know they should do, but many do not realize how much health can impact the process. If you are planning to apply for life insurance, preparing ahead of time can make a bigger difference than you think. We wanted to break down what insurance companies look for and some simple ways to put yourself in the best position possible before your exam. Why Health Matters More Than You Think Life insurance is designed to protect your family and help transfer financial risk. But qualifying for coverage is not just about having money. Your health plays a major role too.Insurance companies look at several factors during underwriting. Depending on the policy, that may include health history, medical records, blood work, urinalysis, and lifestyle habits.One thing we cannot stress enough is honesty during the application process. Misrepresenting health information or smoking habits can create serious problems later for your family if a claim ever needs to be filed. What Insurance Companies Look For We also discuss some of the health markers insurance companies often review. Blood sugar levels, cholesterol, kidney function, liver health, nicotine use, and other biomarkers all help companies evaluate risk.Good health habits can make a difference. Strength training, walking regularly, eating clean, reducing alcohol, and maintaining consistent medical care can all help support long-term health. What Not To Do Before Your Exam Preparation always matters before your exam. Avoid heavy meals, alcohol, nicotine, and intense exercise immediately before your exam. Even small choices right before testing can impact results.The goal is simple. Give yourself the best opportunity to qualify for the coverage that protects what matters most. "Life insurance is best purchased when you are in great health. The longer you wait, the more likely your health changes." — Mark Schmidt "Good health habits today can impact more than how you feel. They can impact what you qualify for tomorrow." — Kurt Tucker Resource Stay connected With Us - https://figtreegroup.com/ Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    13 min
  2. Defined Benefit Cash Balance Plan

    20 May

    Defined Benefit Cash Balance Plan

    What is a defined benefit cash balance plan? We invited our good friend Kevin Kimbrough back for another conversation to help answer that question. He explains how high-income earners can use this government-approved, tax-deductible strategy to grow retirement savings while reducing taxable income. How Defined Benefit Cash Balance Plans Work Kevin explains how defined benefit cash balance plans allow high-income earners to contribute significantly more than traditional retirement plans like 401(k)s or IRAs while reducing taxable income at the same time.He also discusses how actuaries, CPAs, attorneys, and retirement specialists all work together to determine whether the strategy makes sense for someone’s financial situation. Why More High-Income Earners Are Paying Attention Kevin shares why more physicians, business owners, and high-income professionals are exploring these plans as they look for larger tax deductions and long-term retirement planning opportunities.He also explains why many people, including some tax professionals, are still unfamiliar with how these strategies work. How Life Insurance Can Be Incorporated Into The Strategy Kevin covers how life insurance can be incorporated into these plans to help support retirement, estate planning, and tax strategies at the same time.Also, he shares how some individuals use life insurance within the strategy to help create long-term family wealth and additional financial protection. Why Flexibility Has Improved Over The Years Kevin explains that many people still believe these plans require rigid long-term contributions with very little flexibility.But modern plans can often allow business owners to adjust contributions, skip funding years, or adapt the strategy based on changing cash flow and business performance over time. "We joke that an outgoing actuary stares at your shoes while an introverted actuary stares at their own. They may be reserved, but they’re experts when it comes to numbers." — Kevin Kimbrough Resource Want more financial planning insights? Connect with Kevin Kimbrough on LinkedIn and continue the conversation.Check out Episode 004 with Kevin Kimbrough to learn how a policy audit could potentially save you thousands.Stay connected With Us - https://figtreegroup.com/ Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    27 min
  3. How to Generate Wealth As An Entrepreneur Coming From Poverty Part 2

    13 May

    How to Generate Wealth As An Entrepreneur Coming From Poverty Part 2

    What does it actually take to build long-term wealth when you are starting from scratch? In part two of our conversation with entrepreneur and sales podcaster Donald C. Kelly, we answer some of the biggest questions people have about trusts, life insurance, risk, and generational wealth. Understanding the Rockefeller Method You probably remember us talking about the “Rockefeller Method” before, but if not, we go over it again in this episode.It is a strategy wealthy families use through irrevocable trusts and life insurance to help transfer wealth across generations while reducing estate taxes. We also cover how concepts like infinite banking and tax-free wealth transfer fit into long-term financial planning. How Wealthy Families Think About Risk Building wealth often requires taking risks, but protecting what you build matters just as much.We discuss how entrepreneurs can protect themselves through legal planning, insurance, and even mental health support during stressful seasons of building a business. Entrepreneurship can create anxiety, pressure, and burnout, especially in the early years, which makes long-term planning even more important. Building Wealth From Scratch What should someone do if they are building from scratch without inheritance or family wealth?The answer starts with simple habits like saving consistently, building reserves, continuing to learn, protecting yourself with life insurance, and creating a long-term vision for the future. Wealth building does not always start with large amounts of money. Sometimes it starts with discipline, consistency, and learning how to think long term. “Don’t spend it all. You’re gonna have to give up some stuff.” - Kurt Tucker “There’s nothing that gives you more confidence than having money in your bank account.” - Mark Schmidt Resource Stay connected With Us - https://figtreegroup.com/ Connect with Donald C. Kelly on LinkedIn and follow The Sales Evangelist for more conversations on business, sales, and financial growth. Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    26 min
  4. How to Generate Wealth As An Entrepreneur Coming From Poverty Part 1

    6 May

    How to Generate Wealth As An Entrepreneur Coming From Poverty Part 1

    show notes

    39 min
  5. From Broke Dropout to Retiring at 40: The Real Playbook for Building and Protecting Wealth

    25 Mar

    From Broke Dropout to Retiring at 40: The Real Playbook for Building and Protecting Wealth

    Only a few people inherit wealth. The rest of us have to build it from scratch with whatever tools we have. Joining us today is Glenn Robinson, a retired business leader, sharing his rags to riches story. If you’ve ever felt like your starting point is holding you back, his story might be exactly what you need to see what’s possible. Starting with Nothing Glenn’s story begins in humble circumstances. He grew up without money, left school early, and had no clear path forward. What changed everything was his willingness to take chances others wouldn’t. He walked into a top business school with no formal qualifications and worked his way through demanding roles, building his path on persistence, not perfect conditions. Building Wealth Through Discipline As his career progressed, Glenn found success in business, consulting, and eventually investing. But what made the biggest difference was not just income. It was discipline. Even as his earnings grew, his lifestyle stayed the same. That decision allowed him to build capital quickly and take advantage of opportunities others couldn’t. Taking Calculated Risks Glenn built his success by buying struggling businesses and turning around complex operations most people would walk away from.His approach was not about chasing perfection. It was about acting with what he knew and improving along the way. That mindset helped him scale from small investments to building significant wealth. Protecting What You Build One of the biggest lessons Glenn shares is that wealth protection matters just as much as wealth creation. Simple steps taken early can make a major difference later. His story is a reminder that where you start does not determine where you finish. “Don’t let the perfect strategy stop you from putting a good one in place.” - Glenn Robinson Resource Stay connected With Us - https://figtreegroup.com/ Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    51 min
  6. How to Protect Your Retirement from Healthcare & Long-Term Care Costs

    18 Mar

    How to Protect Your Retirement from Healthcare & Long-Term Care Costs

    No one really prepares you for how expensive aging can become. The more care you require, the less money you may be able to leave for your family. So how can you protect your retirement and wealth from long-term healthcare costs? That’s exactly what we’re breaking down today. When Long-Term Care Becomes Reality Kurt shares a personal story about his father-in-law to illustrate how quickly long-term care costs can add up. As his health declined due to dementia and Alzheimer’s, the family had to make difficult decisions about care. Eventually he needed full-time professional support in a care facility, which came with significant expenses. Without long-term care coverage in place, those costs had to come directly from retirement assets. What Long-Term Care Really Means Long-term care insurance is designed to help cover the costs when someone can no longer take care of themselves. This often includes situations where a person cannot perform everyday activities such as bathing, eating, transferring, toileting, or maintaining personal safety. Cognitive conditions like dementia or Alzheimer’s can also trigger a claim.Policies typically fall into two categories. Some reimburse actual care expenses after they are paid, while others provide a monthly cash benefit that can be used however the family chooses. The flexibility of cash benefits can allow family members to provide care while still receiving financial support. When to Start Planning One of the most important points discussed is timing. Long-term care planning needs to happen before serious health issues arise. The earlier someone considers coverage, the more options are available and the lower the cost can be.Many people today include long-term care riders as part of permanent life insurance policies. Others choose hybrid policies that combine life insurance with long-term care benefits. Why It Matters for Families Planning for long-term care is not just about healthcare costs. It is also about reducing stress on family members and protecting assets that might otherwise be lost to care expenses.As Kurt points out, long-term care is one of those topics many people avoid thinking about. But taking the time to plan ahead can make a difficult stage of life far more manageable for everyone involved. “The goal is to create a structure that protects both the individual receiving care and the financial future of the family.” - Kurt Tucker Resource Stay connected With Us - https://figtreegroup.com/ Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    17 min
  7. Understanding the Rockefeller Method for Generational Wealth

    11 Mar

    Understanding the Rockefeller Method for Generational Wealth

    Wouldn’t it be nice to live life like a Rockefeller? Not only enjoying wealth in your lifetime, but building something that benefits your children, grandchildren, and generations to come. We’re breaking down the Rockefeller Method and how it can be used to create generational wealth. How the Strategy Works So how does the Rockefeller Method actually work?It often involves setting up what’s called an irrevocable life insurance trust. This type of trust holds life insurance policies and other assets outside of an individual’s taxable estate. Because the assets are structured this way, the trust can distribute funds to beneficiaries based on guidelines created by the person who set it up.One of the advantages is that the death benefit is generally not subject to estate taxes. That means the funds can create liquidity for future generations and help support things like education, starting a business, or other opportunities for family members.In many cases, a trustee manages the trust and oversees how the funds are distributed. Some families even choose to use a corporate trustee so the rules of the trust are followed consistently across generations. Who This Approach Is For When people hear about the Rockefeller Method, they often assume it’s only for extremely wealthy families.While the Rockefellers made this strategy famous, the underlying idea can apply to many families who want to think beyond their own lifetime.What matters most is not just wealth. It is vision. This kind of approach works best for people who want to create a long term plan for their family and who are willing to structure their finances in a way that benefits future generations. Why Planning Matters Another important theme we discuss is the role of planning.History is full of examples of people who built tremendous wealth but never created a plan for what would happen after they were gone. Without that planning, assets can quickly disappear due to taxes, legal disputes, or poor financial decisions.The Rockefeller Method shows how thoughtful planning and the right financial structures can help families preserve both wealth and values across generations. “The Rockefeller Method is really about thinking beyond your children and grandchildren and planning for generations down the line.” — Mark Schmidt “The goal is to create a structure that allows your grandchildren and great-grandchildren to become the best version of themselves.” — Kurt Tucker Resource Stay connected With Us - https://figtreegroup.com/ Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    21 min
  8. The Top 5 Ways to build Wealth

    4 Mar

    The Top 5 Ways to build Wealth

    What makes the top 5% wealthy is that they’re not relying on get-rich-quick schemes. We’re sharing data on what the wealthy are actually doing to build their income and long-term wealth. Start putting these five things into practice and you’ll begin to see a positive change in your income. Primary Paths to Acquiring Wealth Most wealthy people follow a few common paths. A big group are business owners, including people running major companies, small business owners, and tradespeople like plumbers and electricians. Building a business takes hard work, discipline, and sticking with it even when it is tough.Another path is corporate leadership. Executives often reach wealth through years of experience, long hours, and company stock or equity that grows over time.Real estate is another way to build wealth. It is not a get-rich-quick game. Most of the money comes from property appreciation and tax benefits, not just rental income.Investing also creates wealth, although fewer people rely on it exclusively. Many start small, reinvest earnings, and keep a modest lifestyle while their investments grow steadily.Some people inherit wealth, but that is not something you can control. The focus here is on paths you can actually pursue yourself. Key Principles for Building Wealth No matter the path, building wealth takes effort and discipline. Hard work and sacrifice are always part of the process. The wealthy we have seen put in the time and stay committed, even when it is not easy.Risk-taking is important. Starting a business, investing, or buying real estate requires stepping out of your comfort zone.Discipline and delayed gratification go hand in hand. Many wealthy people invest rather than spend immediately.Living below your means helps as well. Even as income grows, wealthy individuals often keep lifestyles modest and focus on saving and investing.Finally, focus and confidence are key. Wealthy people stay committed to their goals and trust themselves to make smart decisions along the way. "If you find the right business or passion that can make you money, you can get there as long as you put in the work and stay disciplined." - Mark Schmidt “Wealth comes from the growth in real estate value." - Kurt Tucker Resource Stay connected With Us - https://figtreegroup.com/ Credits Produced by bluëmango | STUDIOS. Music by SoundsStripe. Thank you for listening!

    20 min
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About

Wealth Dynasty is the podcast for global citizens, high-net-worth individuals, and legacy-minded leaders who know true wealth is more than numbers on a balance sheet. Each week, we share conversations with experts and everyday builders of wealth to uncover the strategies, systems, and mindsets that turn success into legacy. From estate planning and tax strategies to investing, insurance, and family governance, we break down both emerging trends, and timeless principles, so you can preserve what you’ve built, scale it further, and ensure it lasts for generations. This isn’t hype or jargon. It’s clear, actionable insight designed to help you grow, protect, and pass on wealth that matters, not just for you, but for those who come after you.

Information

  • Creator
    Kurt Tucker and Mark Schmidt
  • Years Active
    2025 - 2026
  • Episodes
    29
  • Rating
    Clean
  • Copyright
    © Copyright 2026 Kurt Tucker and Mark Schmidt
  • Show Website
    Wealth Dynasty