Albertina D. Lombardi

Albertina D. Lombardi

Of Counsel

Business and Estate Planning • Business Succession Planning • Commercial, Corporate and General Business • Mergers & Acquisitions • Project Development & Finance • Private Equity Transactions • Taxation • Oil and Gas Law • Nonprofit Organizations • Special Needs Trust Planning

Albertina D. Lombardi
Aug. 5, 2016

IRS Issues Regulations That Challenge Valuation Discounts

Recently , the IRS published proposed regulations concerning the valuation of certain interests transferred to family members for tax purposes.

Albertina D. Lombardi
Feb. 16, 2015

ABLE Act Assists Individuals with Disabilities and Their Families

The Achieving a Better Life Experience (ABLE) Act, enabling the creation of tax-advantaged savings accounts for individuals with qualifying disabilities, was enacted in law on December 9, 2014. It amends Section 529 of the Internal Revenue Code of 1986. Individuals with disabilities and their families often receive public benefits for income, health care, food and housing […]

Albertina D. Lombardi
Jul. 31, 2013

DOMA Struck Down By SCOTUS: What Does This Mean for Domestic Partners’ Estate Planning?

With the Supreme Court’s strike down of the Defense of Marriage Act in United States v. Windsor, it is now left to individual states to decide whether same-sex couples can be legally married. Although same sex couples living in states which recognize such unions as “marriages” will generally gain access to benefits available to recognized […]

Albertina D. Lombardi
Jul. 21, 2013

Retirement Account Planning For Families With Special Needs Persons

For many individuals, their retirement accounts (generally 401(k)s or IRAs) are their biggest assets and they plan to name their close family members as beneficiaries of such accounts. However, naming a special needs person outright as a primary or contingent beneficiary of a retirement account benefit may lead to unintended results. Often individuals with special […]

Albertina D. Lombardi
May. 23, 2013

PA Supreme Court: Oil Shale Natural Gas is Not a Mineral

A recent ruling by the Pennsylvania Supreme Court clarifies one aspect of transfers of natural gas rights in the Marcellus shale region. The landmark decision in Butler v. Charles Powers Estate,____ A.3rd  ___, 2013, WL 1749828 (Pa., April 24, 2013), has upheld and reaffirmed Pennsylvania’s long-held property law, referred to as the Dunham Rule, which […]