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how many asbestos trust funds are actually out there - trying to figure out which ones apply to me

Patient · · 67 views
So I'm trying to get my head around this trust fund stuff and I keep hearing different numbers thrown around. Like, is it 50 trusts, 100, 200? Nobody seems to give a straight answer and I'm getting lost in the weeds here.

My exposure was mostly from brake pads at the shop back in the 70s and 80s, plus some old insulation when we gutted the upstairs bathroom in 1998. That's two different sources so I'm wondering if I gotta file with like ten different trusts or what.

Anybody actually know the real number and which ones you actually ended up filing with? My lawyer keeps saying "we'll identify the relevant trusts" but that doesn't really tell me squat about how many are even out there. I worked on cars for thirty years, seems like half the parts had asbestos in them back then.

13 Replies

Veteran
There's a ton of them out there, I think somewhere in the 60-plus range depending on who's counting, but your lawyer's right that you only file with the ones connected to your actual exposure sources. I had two separate claims going for a while, Camp Lejeune stuff and the ship, and it was a pain but doable.
Patient
yeah that makes sense, two claims sounds like a headache. so you're saying I probably don't gotta worry about all 60-plus, just the ones that actually made the stuff I got exposed to? that's kinda what my lawyer was hinting at but he was being real vague about it. how'd you figure out which ones were actually relevant to your exposures, or did your lawyer just handle all that?
Attorney ✓ Expert Response
William's right on the count, and I'd add that the brake work angle is actually where I've seen the most trust filings stack up. Automotive friction products alone touched maybe a dozen different manufacturers, some of which set up separate trusts. Bendix, Gasket Holdings, Federal-Mogul... those are three trusts right there just from brake-related exposure, and each has its own claim form, its own exposure criteria, its own deadlines.

The 1998 bathroom gut is a different animal. Insulation work from that era could pull in trusts tied to pipe covering manufacturers, which is a whole separate category from friction products. So your instinct about multiple filings isn't wrong at all.

One thing I don't hear discussed enough is that trust claims and any potential lawsuit against solvent defendants can run simultaneously in most jurisdictions. The timing matters though, especially depending on your state's statute of limitations. Some states give you one year from diagnosis, others three.

Your attorney identifying the relevant trusts is genuinely the right move, not a dodge. A good asbestos attorney typically runs your work history against a database of known products and their associated trusts. That process usually surfaces trusts the client never would have thought of on their own. Consult with your own attorney about the specifics of your situation, since exposure history really does drive everything here.
3 found this helpful
Attorney ✓ Expert Response
Good question and honestly your lawyer's vague answer is frustrating even if it's technically the right one. Let me give you some real numbers.

There are roughly 60 active asbestos bankruptcy trusts right now, though that figure shifts as new ones get established and some older ones wind down. Back in 2013 the RAND Corporation put out a study estimating over $30 billion had been paid out across all trusts to that point. The total number of trusts that have ever existed is closer to 100 when you count ones that have already paid out and closed.

For brake work specifically in that era you're probably looking at multiple manufacturers who all went through bankruptcy. Friction product companies, parts distributors, raw asbestos suppliers. Each one is a separate trust. So yes, filing with five, eight, even twelve different trusts for a single diagnosis is genuinely normal, not unusual.

The 1998 bathroom insulation is a separate exposure path and could implicate different trusts entirely, depending on what the product was and who made it.

So your lawyer saying "we'll identify the relevant ones" is actually the only honest answer, because the analysis depends on things like product identification, your work history documentation, and what each trust's criteria requires for a valid claim. Some trusts have very specific exposure requirements and others are broader.

What I'd push your attorney on is whether they've done a formal exposure history interview yet. That's typically the starting point for figuring out which trusts even apply.

Please do consult an attorney for your specific situation, as trust eligibility varies significantly by jurisdiction and individual circumstances.
3 found this helpful
Patient
Yeah okay that actually makes sense, the 60 active ones is way more helpful than what I've been hearing. So if I'm filing with like 5 or 6 of those, that's not crazy then. And the brake pad thing, sounds like a lot of manufacturers went through the trust system so my lawyer probably knows which ones already even if they're being cagey about it. Thanks for the straight talk, that clears up the fog a bit.
Attorney ✓ Expert Response
Good question and your frustration with vague answers is completely understandable.

The number most practitioners work with is somewhere around 60 active trusts right now, though that figure shifts as new ones get established. We've seen the total cross into the low 60s over the past couple years. The confusion you're hearing comes from people citing different things, some count only active trusts, some count every trust ever created including ones that have paid out and closed.

For automotive brake work specifically, there were quite a few manufacturers that went through bankruptcy and set up trusts. Friction product exposure from the 70s and 80s could potentially involve several trusts depending on which brands came through the shop. The insulation from your 1998 renovation is a separate exposure category and may point to completely different defendants.

Here's where it gets real though. When I've worked cases involving automotive mechanics from that era, it's not unusual to end up filing with 8 to 15 trusts on a single case, sometimes more. Each trust has its own claim form, its own payment percentages, its own documentation requirements. Some require an affidavit about the specific product you used. A few have expedited review options if you meet certain criteria.

Your lawyer saying "we'll identify the relevant trusts" is actually the right answer, just an incomplete one. The identification process involves matching your exposure history against the product lines each bankrupt company actually made. That's not something that gets done with a quick list.

Please consult an attorney familiar with your specific situation before making any decisions here, as trust eligibility can vary significantly depending on your state and your exact diagnosis.
2 found this helpful
Patient
Yeah that makes sense, the 60 number sounds like what I've been hearing most. So if most of those are gonna apply to me with the brake pad stuff, does that mean I'm looking at filing claims with like a handful of them or potentially way more? And the insulation from the bathroom reno in '98, is that gonna be a totally separate bucket of trusts or do some of them cover multiple product types?
Attorney ✓ Expert Response
Good question and honestly the "we'll identify the relevant trusts" answer, while technically accurate, is pretty unsatisfying when you're trying to wrap your head around the scope of this.

There are currently around 60 active asbestos bankruptcy trusts, though that number shifts as new ones get established and older ones wind down. The RAND Institute pegged total trust assets somewhere north of $30 billion back when they last did a comprehensive look at this. But the raw number matters less than which manufacturers supplied parts to which shops during which decades.

The brake pad piece is where it gets interesting for your situation. Friction products had their own supply chain, so you're potentially looking at trusts tied to manufacturers like Gasket makers, brake lining companies, raw chrysotile suppliers, all separate entities that may have each gone through bankruptcy at different times. Thirty years at a shop in that era, you probably touched products from eight or ten different manufacturers without ever knowing the brand names.

The 1998 bathroom renovation is a separate thread entirely. Insulation from an older home could point toward a completely different set of trusts, pipe covering manufacturers, joint compound companies, and so on.

So yes, filing with multiple trusts is normal. Some attorneys have filed with 20 or more on a single client's behalf. Each trust has its own claim form, its own exposure criteria, its own payment percentage. The process is sequential in some cases and parallel in others depending on the trust's rules.

Your attorney isn't being evasive, the identification process genuinely requires pulling employment records, product identification, and matching against trust eligibility criteria. But it may be worth asking them specifically how many trusts they've preliminarily identified as potential candidates for your claims so far.

Please consult an attorney for your specific situation, as trust eligibility varies significantly by jurisdiction and individual exposure history.
2 found this helpful
Patient
Yeah man, there's like a ton of them out there, I think somewhere around 60 or 70 but honestly I stopped counting. My lawyer went through all my exposure history and we ended up filing with maybe 5 or 6 different trusts. The brake pad thing is huge though, I had the same issue and it turned out there were a few specific manufacturers that my shop used back in the day.

So what we did was my guy basically mapped out every job I could remember, every product, every year basically. Then he cross referenced that with which companies went belly up and which trusts got set up from their asbestos liabilities. The insulation from your bathroom reno in 98 might be its own thing depending on the brand and manufacturer.

I'm not gonna lie the paperwork is a pain in the butt. We had to dig up old pay stubs and worker comp records from like 50 years ago just to prove I worked there during the right timeframe. Found some stuff in my garage from old jobs too which actually helped. The key thing is you gotta be able to document WHEN you were exposed and to WHAT product basically. That's what determines which trusts you qualify for.

Don't stress too much about hitting every single trust though. Your lawyer should know which ones are relevant to your situation. Mine explained it kinda like tuning an engine - you don't need every tool in the toolbox, just the right ones for the job.
Patient
The number floating around is usually around 60 plus or minus depending on how you count them, but honestly that's less useful than you'd think. What matters is which ones actually apply to your specific exposures. I've been doing a lot of reading on this since my diagnosis in November and there's this database that lists them all out with what products they made, and that's been way more helpful than just knowing a total number.

For you with brake pads and insulation, you're probably looking at a smaller subset. Brake manufacturers, sure, but also whoever made that insulation. The insulation angle is interesting because a lot of those companies went under or consolidated decades ago, so the trust they're in now might not be the company name you remember at all. I found out my exposure from Johns-Manville at the factory maps to a specific trust and then there were a couple others I didn't expect just from like, secondary exposures over the years.

My lawyer did the same vague thing with me at first and I finally just asked them point blank to give me a list with check marks next to which ones they were actually filing with. Took some pushing but it made everything way clearer. You could ask yours to do that. They should have a claims worksheet or something that breaks down your exposure history and matches it to trusts. I keep a symptom journal and I also started keeping a file on all this documentation because there's gonna be a lot of paperwork.

The real answer is you probably won't file with ten but it's also not gonna be just one. Could be 3, could be 6. Depends on your actual work history more than anything.
Patient
Yeah that makes way more sense than just chasing a number. So there's actually a database that breaks it down by product? That's what I needed to hear instead of my lawyer's vague talk. Did you find that database yourself or did someone point you to it, cause I'm gonna need to dig into that for the brake pad angle especially.
Family
honestly the number keeps changing because more companies are setting them up or declaring bankruptcy, so your lawyer probably isn't giving you a straight answer because there isn't one. I think there's like 60-something active ones but I've heard higher numbers too.

my mom's case is different from yours but we're dealing with multiple exposure sources too. she worked at an insulation plant for like fifteen years but also lived in a house built in the 1950s with asbestos everything. the trust filing company that's handling her claims said they're going after like four different trusts because of the two main exposures. they basically have databases of which companies used asbestos in what products during what time periods, so once your lawyer knows where your exposure happened they can match it up.

for the brake pad stuff specifically we found out that was actually a bigger deal than people realize. like a lot of mechanics from that era have similar claims. the company your shop bought from matters a ton because some of them went through bankruptcy and set up trusts and some just got sued out of existence.

i get being frustrated with the vague answers though. it felt like pulling teeth to get actual specifics from anyone. what finally helped was asking my mom's lawyer to literally list out which trusts they were filing with and why. once i had the actual names and company histories it made way more sense. maybe ask yours to do that? not just "we'll handle it" but actually show you the list and explain the connection to your brake pad work and the 1998 insulation.
Patient
yeah that makes sense, the number keeps moving around like a transmission that won't stay in gear. sixty something sounds about right from what I've pieced together too.

your mom's situation sounds tougher than mine honestly, living in an old house like that means it could be anywhere. did her lawyer end up filing with a bunch of different trusts or did they narrow it down to just a few? I'm curious if there's like a practical limit to how many claims you can actually manage without it becoming a nightmare.

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