Members of association boards must now be on the look-out for certain exclusions to their directors & officers liability policies relating to artificial intelligence. Recently, a large commercial lines insurance company introduced a new “absolute” exclusion to its D&O policies that seeks to eliminate coverage for nearly all claims related to AI-generated content, including using AI-generated content to assist with making complex financial, legal or governance decisions, as well as creating budgets, contracts, declarations, bylaws and more.
Stephen Olsen on Tax & Legal Trends Impacting Charitable Giving
Gawthrop Greenwood partner Stephen J. Olsen spoke before the Chester County Estate Planning Council on “Tax & Legal Trends Impacting Charitable Giving Techniques.” The September 14, 2023 presentation covered topics including:
- Who should focus on charitable giving: Varying income levels & goals
- How charities can better position themselves to be the beneficiaries of planned gifts
- Ensuring that a donor’s wishes are understood and carried out
- Ways donors and nonprofits can continue to benefit from planned giving
- How professional advisors can support and advance those efforts
Olsen is a member of the Trusts and Estates Department at Gawthrop Greenwood, where he practices in taxation, estate and trust administration, estate planning taxation and business transactions. He is a Faculty Director of the Villanova University Graduate Tax Program.
