Indianapolis man built $13m fortune; estate gave $1.6m to classroom charity

For years, Terence “Terry” Kahn lived in a way that gave little indication he had accumulated millions of dollars. The Indianapolis man lived in a modest home, drove an old Honda and avoided owning a cellphone because he considered it an unnecessary expense. Even his longtime attorney and friends were surprised by the size of his fortune.When Kahn died in 2021, the value of his estate exceeded $13 million. Much of that money was eventually distributed to Indianapolis-area nonprofits, but the organizations receiving the calls had not necessarily been expecting anything.One of those calls went to Teachers’ Treasures, an Indianapolis nonprofit that provides free school supplies and educational materials to teachers serving students in need. In October 2021, executive director Margaret Sheehan received an unexpected call from Indianapolis attorney Dwayne Isaacs, who was representing Kahn’s estate.