Current:Home > FinanceHow the cats of Dixfield, Maine came into a fortune — and almost lost it -Insightful Finance Hub
How the cats of Dixfield, Maine came into a fortune — and almost lost it
View
Date:2025-04-12 20:10:59
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! (8584)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Why Britney Spears Will Likely Still Pay Child Support to Ex Kevin Federline After Jayden's 18th Birthday
- Colorado Buffaloes football field damaged by man driving crashed pickup, police say
- 50,000 gallons of water were used to extinguish fiery Tesla crash on California highway
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Minnesota election officials make changes to automatic voter registration system after issues arise
- A teen killed his father in 2023. Now, he is charged with his mom's murder.
- Line and Bridge Fires blaze in California, thousands of acres torched, thousands evacuated
- Trump invites nearly all federal workers to quit now, get paid through September
- Michigan’s Greg Harden, who advised Tom Brady, Michael Phelps and more, dies at 75
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Fast-moving fire roars through Philadelphia warehouse
- Go inside The Bookstore, where a vaudeville theater was turned into a book-lovers haven
- Oregon DMV mistakenly registered more than 300 non-citizens to vote since 2021
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Anthropologie’s Extra 40% Off Sale Includes the Cutest Dresses, Accessories & More, Starting at $5
- Inside The Real Love Lives of the Only Murders in the Building Stars
- Opinions on what Tagovailoa should do next vary after his 3rd concussion since joining Dolphins
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Canadian man admits shootings that damaged electrical substations in the Dakotas
Sonya Massey family joins other victims of police violence to plead for change
Retired Oklahoma Catholic bishop Edward Slattery dies at 84
Intellectuals vs. The Internet
Trump Media stock jumps after former president says he won’t sell shares when lockup expires
Lil Wayne says Super Bowl 59 halftime show snub 'broke' him after Kendrick Lamar got gig
These Iconic Emmys Fashion Moments Are a Lesson in Red Carpet Style