Current:Home > StocksHow the cats of Dixfield, Maine came into a fortune — and almost lost it -Profound Wealth Insights
How the cats of Dixfield, Maine came into a fortune — and almost lost it
View
Date:2025-04-13 05:26:29
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! (44295)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Former Mormon bishop highlighted in AP investigation arrested on felony child sex abuse charges
- Dua Lipa Dives into New Music With Third Album Radical Optimism
- James Colon to retire as Los Angeles Opera music director after 2025-26 season, end 20-year tenure
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Russian military plane with 15 people on board crashes after engine catches fire during takeoff
- Kentucky should reconsider using psychedelics to treat opioid addiction, attorney general says
- Jury begins deliberating manslaughter case against Connecticut trooper who killed man in stolen car
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Where Love Is Blind’s Jimmy and Jessica Really Stand After His Breakup With Chelsea
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Vermont murder-for-hire case sees third suspect plead guilty
- California Votes to Consider Health and Environment in Future Energy Planning
- US could end legal fight against Titanic expedition
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- South Carolina Senate to weigh House-approved $13.2 billion budget
- How Khloe Kardashian Is Celebrating Ex Tristan Thompson's Birthday
- Dollar Tree to close nearly 1,000 stores, posts surprise fourth quarter loss
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Former Missouri child brides call for outlawing marriages of minors
What’s Pi Day all about? Math, science, pies and more
Ben & Jerry's annual Free Cone Day returns in 2024: Here's when it is and what to know
See you latte: Starbucks plans to cut 30% of its menu
Neti pots, nasal rinsing linked to another dangerous amoeba. Here's what to know.
How Chinese is TikTok? US lawmakers see it as China’s tool, even as it distances itself from Beijing
Kentucky House passes a bill aimed at putting a school choice constitutional amendment on the ballot