The state’s filing alleges that the trust has deviated from the conditions that duPont spelled out in his will, which specified that “first consideration in each instance (be) given to beneficiaries who are residents of Delaware.” Also, the will indicated that the governing body of Nemours should consist of a majority of Delawareans. Biden said the trustees have shifted their primary focus toward Florida, away from Delaware.
The complaint also says that a five-year, $72-million renovation of the Nemours Mansion and Gardens came entirely out of Delaware’s allocation under the trust fund.
Biden announced in March that the state was granted standing in the case in Florida.
duPont, one of the family members who built DuPont Co. into a major corporation. He left the company and moved to Florida where he amassed an even larger fortune that included massive land holdings and even a railroad.
For more details, read this story from WHYY NewsWorks:
Delaware files action in Florida DuPont trust battle — NewsWorks.
