Daniel A. Badovinac

Experience

• Counseled a client in its contribution of $90 million and pre-IPO corporate stock to an intentionally defective grantor trust to lock in the value of the asset for estate planning purposes and minimize gift tax inclusions.

• Counseled an Ecuadorian commodity exporting family with assets in excess of $100 million in structuring their onshore and offshore assets to minimize estate tax exposure in the U.S., Latin America, and Europe.

• Participated in the restructuring of the estate of a high net worth Salvadorian family that comprised of U.S. and Latin American assets for purposes of minimizing estate, gift, and generation-skipping tax inclusions. 

• Served as external general counsel for several high net worth Ecuadorian families in their cross-border investment and choice of entity formation structures, both in the U.S. and abroad.

• Counseled one of the largest Caribbean private money lenders in the international corporate structuring of a holding to reduce global tax burden.

• Counseled an excess $80 million commodity exporting family in their pre-immigration tax planning prior to relocation of family and assets to the U.S.

• Counseled several clients in the choice of entity and tax minimizing strategies for holding and acquisition of private aircrafts totaling an excess of $85 million in transaction value.

Speaking Engagements

• "Analyzing the Tax Information Exchange Agreement Between the United States and Ecuador," Carlton Fields – Apolo Abogados (April 29, 2021)
• "What to Look for When Investing in Latin American Startups," Miami Angels Venture Capital (January 13, 2021)
• "Dual Nationality: The Challenge of Interacting With the IRS and Ecuador’s SRI," Ecuadorian-American Chamber of Commerce (AMCHAM) (September 2, 2020)
• "Information for Small Companies About COVID-19," Tampa Bay Chamber of Commerce (May 6, 2020)
• "Taking Advantage of Business Relief Programs Under the CARES Act," Carlton Fields (April 9, 2020)

Credentials

Background

• Senior Associate, Fabara & Compañía Abogados, Quito, Ecuador (2012-2014)
• International Operations Legal Counsel, Santos CMI, Houston, TX (2011-2012)
• International Tax Law Clerk, Bilzin Sumberg, Miami, FL (2009)
• Litigation Supervisor, Attorney General of State of Ecuador, Guayaquil, Ecuador (2008-2011)

Areas of Focus