Current:Home > StocksHow the cats of Dixfield, Maine came into a fortune — and almost lost it -FutureFinance
How the cats of Dixfield, Maine came into a fortune — and almost lost it
EchoSense Quantitative Think Tank Center View
Date:2025-04-10 16:46:44
More than 20 years ago, something unusual happened in the small town of Dixfield, Maine. A lady named Barbara Thorpe had left almost all of her money—$200,000—to benefit the cats of her hometown. When Barbara died in 2002, those cats suddenly got very, very rich. And that is when all the trouble began.
Barbara's gift set off a sprawling legal battle that drew in a crew of crusading cat ladies, and eventually, the town of Dixfield itself. It made national news. But after all these years, no one seemed to know where that money had ended up. Did the Dixfield cat fortune just...vanish?
In this episode, host Jeff Guo travels to Maine to track down the money. To figure out how Barbara's plans went awry. And to understand something about this strange form of economic immortality called a charitable trust.
This episode was produced by Willa Rubin with help from Dave Blanchard. It was engineered by Josh Newell. Sally Helm edited the show and Sierra Juarez checked the facts. Jess Jiang is Planet Money's acting Executive Producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Twitter / Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: "A Peculiar Investigation" "Benin Bop" and "Tropical Heat."
veryGood! (1693)
Related
- South Korean president's party divided over defiant martial law speech
- Prosecution rests in the trial of a woman accused of killing her Boston police officer boyfriend
- Emma Stone's New Brunette Hair Transformation is an Easy A
- Nearly 600,000 portable chargers sold at Costco recalled for overheating, fire concerns
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Massive, historic 'America's flagship' must leave Philadelphia port. But where can it go?
- Pennsylvania couple drowns in Florida rip current while on vacation with their 6 children
- Alaska serial killer who admitted to killing five people has died in an Indiana prison
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Kevin Costner Confirms His Yellowstone Future After Shocking Exit
Ranking
- The Daily Money: Spending more on holiday travel?
- Karen Derrico Shares Family Update Amid Divorce From Deon Derrico
- US Olympic and other teams will bring their own AC units to Paris, undercutting environmental plan
- $1.3 million settlement awarded in suit over South Carolina crash that killed bride, injured groom
- Trump invites nearly all federal workers to quit now, get paid through September
- Karen Derrico Shares Family Update Amid Divorce From Deon Derrico
- Bodies of Air Force colonel and Utah man are recovered after their plane crashed in an Alaska lake
- When does Sha'Carri Richardson run at US Olympic trials?
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Gayle King calls Justin Timberlake a 'great guy' after DWI arrest: 'He's not an irresponsible person'
FEMA is ready for an extreme hurricane and wildfire season, but money is a concern, Mayorkas says
Music Review: An uninhibited Gracie Abrams finds energy in the chaos on ‘The Secret of Us’
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Regan Smith crushes 200 fly at Olympic trials. 17-year-old set to join her on team
Biden campaign targets Latino voters for Copa América
Inmate asks court to block second nitrogen execution in Alabama