How do asbestos trust funds work?

Asbestos trust funds were established by companies that filed for bankruptcy due to asbestos liabilities. These trusts hold over $30 billion to compensate victims. To file a claim, you must provide proof of asbestos exposure linked to the company and a qualifying medical diagnosis. An attorney can identify which trusts you may be eligible to file against.

How much do asbestos trust funds pay?

Asbestos trust fund payouts vary by trust and disease level. Mesothelioma claims typically receive the highest scheduled values, often ranging from $25,000 to $250,000 or more per trust. Payment percentages vary — some trusts pay 100% of the scheduled value while others pay a reduced percentage to preserve funds for future claimants.

Can I file multiple asbestos trust fund claims?

Yes. If you were exposed to asbestos from products made by multiple companies that established trust funds, you can file claims with each applicable trust. Many mesothelioma patients qualify for claims with several trusts. An experienced attorney can review your exposure history and identify all eligible trusts.

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Trust Fund Questions About Asbestos & Mesothelioma

Over $30 billion remains in asbestos trust funds set aside to compensate mesothelioma victims. Below are attorney-reviewed answers about how these trusts work, what they pay, and how to file claims.

Not sure which trust funds apply to your case? Our attorneys can review your asbestos exposure history and identify all eligible claims at no cost.

Call 1-800-400-1805 or request a free case review online.

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