Current:Home > StocksHow the cats of Dixfield, Maine came into a fortune — and almost lost it -Zenith Investment School
How the cats of Dixfield, Maine came into a fortune — and almost lost it
View
Date:2025-04-16 17:15:19
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! (84362)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Thai town overrun by wild monkeys trying trickery to catch and send many away
- What restaurants are open Memorial Day 2024? Hours and details for McDonald's, Starbucks, more
- Cracker Barrel CEO says brand isn't relevant and needs a new plan. Here are 3 changes coming soon.
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Woman pleads guilty but mentally ill in 2022 kidnap-slaying, DA says; cases against others pending
- Judge declines to dismiss Alec Baldwin's involuntary manslaughter in fatal 'Rust' shooting
- Richard M. Sherman, who fueled Disney charm in ‘Mary Poppins’ and ‘It’s a Small World,’ dies at 95
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- USPS wants people to install new jumbo mailboxes. Here's why.
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Are banks, post offices, UPS and FedEx open on Memorial Day 2024? Here's what to know
- Why is Messi not in Vancouver? Inter Miami coach explains absence; star watches son play
- NCAA lawsuit settlement agreement allowing revenue sharing with athletes faces unresolved questions
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Roughly halfway through primary season, runoffs in Texas are testing 2 prominent Republicans
- All Of Your Burning Questions About At-Home LED Light Therapy Devices, Answered
- National Wine Day 2024 deals, trends and recs: From crisp white wines to barrel-aged reds
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Dolphin stuck in NJ creek dies after ‘last resort’ rescue attempt, officials say
Walmart digital coupons: Get promo codes from USA TODAY's coupons page to save money
NCAA athlete-pay settlement could mean 6-figure paychecks for top college players
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Thai town overrun by wild monkeys trying trickery to catch and send many away
What The Hills' Heidi Montag and Spencer Pratt Think of Kristin Cavallari and Mark Estes' Romance
Man United wins the FA Cup after stunning Man City 2-1 in the final