Delaware AG alleges DuPont trust run improperly

Published June 18, 2012 10:57pm ET



WILMINGTON, Del. (AP) — The overseers of a $4 billion charitable trust established by the late Alfred I. duPont have deviated significantly from duPont’s intentions, to the detriment of Delawareans, Attorney General Beau Biden said Monday.

In court papers filed in Florida, Delaware officials allege that trustees of the Alfred I. duPont trust have shifted the primary focus of the trust from Delaware to Florida, despite duPont’s insistence that Delaware was to be the primary beneficiary of his trust.

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