Dynasty trusts are designed to minimize taxes over multiple generations. Read our article to learn how they boost family wealth.

Spousal lifetime access trusts have many benefits for married couples looking to use their lifetime gift exemptions and protect their assets. Read our article to learn more.

Spousal lifetime access trusts offer flexibility in asset protection and estate planning

Read our article to learn more about re-examining your estate plan and adjusting your portfolio to take advantage of the volatile environment.

Read our article to learn more on re-examining your estate plan and adjusting your portfolio to take advantage of the volatile environment.

Volatile economic signals present opportunity for beneficial re-evaluation of estate and business plans

Do you know what will happen to your business interest in the event of your death? Read our article to learn more about buy-sell agreements. 

Options for funding a buy-sell agreement: the case for life insurance

Michael is a tax director with Baker Tilly’s national tax operations group. Michael is a former practicing estate planning attorney. He joined Baker Tilly from the Wells Fargo Private Bank, where he was a senior wealth planning strategist. In that role, he advised high and ultra-high-net-worth clients on estate and wealth transfer planning. 

Prior to Wells Fargo, Michael worked in the Dallas office of the international law firm of Foley & Lardner, LLP (formerly Gardere Wynne Sewell, LLP), and before that at the boutique estate planning firm of Jeffrey Burr, Ltd. in Las Vegas, Nevada. 

In addition to his legal experience, Michael has over 10 years of banking experience.

Michael is a tax director with Baker Tilly’s national tax operations group.

University of Nevada – Las Vegas
Doctor of Law (J.D.)

University of Nevada – Las Vegas
Master of Science, accounting with an emphasis in tax

University of Nevada – Las Vegas
Bachelor of Science, finance

Designed and implemented estate plans for high and ultra-high-net-worth clients

Represented fiduciaries in trust litigation

Researched complex gift, estate, and goods and service tax (GST) issues

Join Baker Tilly as we sponsor and speak at the Restaurant Finance and Development Conference (RFDC) held from Nov. 14-16 in Las Vegas, Nevada. RFDC is the restaurant industry’s premier event for company owners, operators and financial executives. This conference will focus on the business side of the restaurant industry and serves as an opportunity to get up to speed with what’s happening in the industry. Be sure to stop by our session on Tuesday, Nov. 15, “Playing your cards right: How to transfer wealth and reduce your tax liability,” presented by Michael Lum, director with Baker Tilly’s national tax operations practice.

Michael Lum

Location

Dallas – Plano, TX

Education

Expertise

Michael's latest insights

Boost family wealth with dynasty trusts

Spousal lifetime access trusts offer flexibility in asset protection and estate planning

Volatile economic signals present opportunity for beneficial re-evaluation of estate and business plans

Options for funding a buy-sell agreement: the case for life insurance

Michael's upcoming events

Conference

Restaurant Finance and Development Conference 2022