New Hampshire librarian leaves millions to university.
Generally speaking, librarians don’t leave a lot of assets behind when they pass away yet they sometimes do as My Central Oregon reports in “Librarian Quietly Saved $4 Million, Left it to School Where He Worked.”
Robert Morin read a lot of books even to the point of apparently reading every book published in the U.S. between 1930 and 1940. When he graduated from the University of New Hampshire in 1963 he was hired to work in the library. When he passed away he left approximately $4 million to the university.
Apparently, Morin lived simply and invested well. He stipulated that $100,000 should go to the library where he worked, but the university can use the rest for other purposes.
Similar stories come up every few years. For example, grade school teachers have been known to save and leave millions to charity. In another recent case, a janitor left a small fortune to the school where he worked.
What this shows is that anyone who has the desire to do so can make a fortune by living simply and investing money well.
An estate attorney can help guide you on leaving your assets where you want them to go.
Reference: My Central Oregon (Sept. 4, 2016) “Librarian Quietly Saved $4 Million, Left it to School Where He Worked.”