Still Billions Available: Mesothelioma & Asbestos Trust Funds
For decades, asbestos was used in thousands of industrial, maritime, automotive, and building products due to its durability and heat resistance. However, exposure to asbestos fibers can cause serious illnesses like mesothelioma and lung cancer. If you or a loved one have developed an asbestos-related disease, you may be entitled to significant financial compensation.
Last Updated
July 23, 2024
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Legally Edited and Fact-Checked by:
Daniel L. Braverman, Founding Attorney, Braver Law
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Diagnosed with Mesothelioma or Lung Cancer?
Our asbestos lawyers help clients file claims nationwide, no lawsuit required, no upfront costs, with the first payment to you in as little as 90 days.
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We've recovered $100+ million in compensation for clients nationwide. Find fair compensation and file a claim, with first payment in as little as 180 days.
Get the Compensation You Deserve
We've recovered $100+ million in compensation for clients nationwide. Find fair compensation and file a claim, with first payment in as little as 90 days.
Get the Compensation You Deserve
Our VA-accredited lawyers have recovered $100+ million in compensation for clients nationwide. We help veterans file claims, with first payment in as little as 90 days.
Get the Compensation You Deserve
Our lawyers have recovered $100+ million in compensation for clients nationwide. We file claims with with no upfront costs and a free case review.
Diagnosed with Mesothelioma or Lung Cancer?
Our asbestos lawyers help clients file claims nationwide, no lawsuit required, no upfront costs, with the first payment to you in as little as 90 days.
Diagnosed with lung cancer or mesothelioma?
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"If you have lung cancer or mesothelioma, don’t assume that you do not have a case. Go ahead and contact Braver Law. They know exactly what needs to be done to win your case."
- Osvaldo P , Miami, FL
One option to receive compensation is to file a claim with an asbestos trust fund. These trust funds were set up by companies that used asbestos and later went bankrupt due to the liability. The companies put money into these trusts to pay current and future asbestos and mesothelioma claims - an estimated $30 Billion is still available in these trusts.
Billions Remain in Asbestos Trusts for Mesothelioma Compensation
As of January 2024, an estimated $30 Billion is still available in asbestos trust funds. This provides an opportunity for significant compensation if you qualify. Reasons to consider filing a claim with asbestos trust funds:
- Payments often start in less than 90 days
- Awards an average of $300,000-400,000
- Can be filed from the comfort of your own home
- Doesn’t require you to testify in court
Although asbestos trusts have paid out over $17 billion, at least 23 more trusts have been set up by bankrupt companies since the last U.S. Government Accountability Office report, adding to the total payouts with billions still left.
Recently Formed Trusts with Billions Remaining
A few more recently formed trusts and their estimated funds include:
- Pittsburgh Corning, $3.4 Billion
- North American Refractories Corp., $6.32 Billion
- W.R. Grace, $2.978 Billion
- Quigley Co., $596 Million
Do You Qualify to File Asbestos Trust Claims?
You may be able to file an asbestos claim if you’re the:
- Victim of mesothelioma, lung cancer, or other asbestos-related disease
- Victim’s estate representative
- Victim’s spouse or immediate family member
Why Work with Braver Law for Your Asbestos Trust Claim?
The dedicated team at Braver Law helps clients maximize compensation from asbestos trusts. Our in-depth knowledge of the complex trust claim process allows us to thoroughly research your work history to uncover all potential trust funds available.
Our legal team will compile extensive exposure evidence, file carefully prepared claims, and aggressively appeal any denials to get you the maximum payout you deserve. Don’t leave money on the table - let the trust fund experts at Braver Law fight for you.
How to Get Started with Your Asbestos Trust Claim
To get a free, no-obligation review of your claim eligibility and learn how Braver Law can help maximize your trust fund payout, simply call us at 800-672-7181 or request a free case evaluation on our website. Our experienced attorneys will explain the process and work tirelessly on your behalf.
The time to take action is now - billions in trust funds are still available for victims of asbestos exposure and diseases like mesothelioma. With Braver Law guiding your claim, you can focus on your health and family while we handle the legal process. Fill out the form today to get started, or call 800-672-7181.
Timeline for Asbestos Claim Payouts
After an asbestos-exposure illness like mesothelioma or lung cancer is diagnosed, one of the first concerns is accessing compensation to cover medical bills and other expenses. Clients can begin to receive payments as soon as 90 days after filing a claim. At Braver Law, our goal is to expedite the claim process whenever possible to get clients relief as quickly as possible.
With our extensive asbestos litigation experience, Braver Law has strategies to potentially accelerate the timeline and improve cash flow for clients:
- Fast-track trust fund claims - File with trusts likely to pay quickly first while compiling evidence for larger trusts. Many will pay out within 4-6 months, but some will pay within 90 days
- Request interim payments - For larger trust claims, we can request partial interim payments while the full claim is pending approval. This provides relief during the process.
- Coordinate timing of multiple claims - Sync trust claim filings and lawsuit complaint filing to maximize flow of compensation.
While every case is different, Braver Law explores all options to get asbestos victims and families compensation as soon as possible. Our experienced attorneys know how to navigate the complex legal process efficiently.
Don’t wait - contact Braver Law now to discuss your situation and timeline for claim payouts.
Access Your Mesothelioma Settlement Funds Faster with Braver Law
A mesothelioma diagnosis prompts an urgent need for compensation to cover medical bills, caregiving costs, lost income, and daily expenses. However, mesothelioma lawsuits and trust funds often take well over a year to resolve. The long waiting period for settlement money can be an incredible burden.
At Braver Law, our goal is to expedite access to mesothelioma compensation through:
- Strategic Lawsuit Timing - Meticulously coordinate filing dates to speed up claim payouts.
- Interim Trust Payments - Secure partial advance payments from trusts while the full claim is pending.
- VA Disability - Help veterans file for VA benefits paid within months.
Through these approaches, Braver Law can potentially get mesothelioma clients relief quickly, and avoid long delays that can be financially devastating.
Rather than wait months for your deserved compensation, contact Braver Law today to discuss options for expediting your mesothelioma settlement funds. The sooner you take action, the sooner we can get you the money you need.
Claim Payout and Compensation Options for Asbestos or Mesothelioma Lawsuits
If you or a loved one has an asbestos-related illness like mesothelioma or lung cancer, you may be entitled to significant financial compensation. There are several options to potentially recover money to pay for medical bills, expenses, and hardships.
Asbestos or Mesothelioma Trust Fund Claims
Asbestos trusts are funds set up by bankrupt companies to pay current and future asbestos claims. Experts estimate that over $30 billion remain in 60+ trusts. Payouts average $300,000 - $400,000. Trust fund claims are faster and easier than lawsuits in most cases.
Mesothelioma Lawsuit Settlements and Verdicts
You can file a lawsuit against companies still in business that expose victims to asbestos. Successful lawsuit claims often settle out of court for substantial amounts. Jury verdicts can result in multi-million-dollar awards if a settlement isn’t reached.
Veterans Affairs (VA) Benefits
Veterans exposed to asbestos during their service may qualify for VA disability and health care benefits. Payments begin within months and can really help offset costs.
The seasoned asbestos attorneys at Braver Law will fully explain all your options and pursue maximum compensation through trust funds, lawsuits, VA claims, and more. Don’t leave money on the table - contact us today for a free case evaluation!
Frequently Asked Questions about Filing a Mesothelioma Lawsuit
How much settlement money remains in asbestos trusts?
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As of 2024, over $30 billion is estimated to still be available in asbestos bankruptcy trust funds. Major companies like Johns Manville and Armstrong World Industries put billions into trusts to compensate victims. This creates an opportunity if you qualify.
Who can pursue compensation from an asbestos trust?
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You may qualify for trust fund claims if you or a loved one has an asbestos disease and you have evidence of exposure to the bankrupt company’s products. Immediate family members can also file claims on behalf of a deceased victim.
What is the timeline for receiving trust fund payouts?
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Payout timeline varies, but trust fund claims take less time than lawsuits. Strategic filing of claims and requesting interim payments can get you funds in as little as 90 days in some cases. The experienced team at Braver Law works to accelerate the process.
How much money are asbestos trusts required to pay out?
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Trusts are only required to pay a percentage of a claim's value to ensure their funds last. Percentages vary by trust. Braver Law leverages relationships with trustees to maximize payouts within the rules.
How can you prove the companies are responsible?
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Our investigation team tracks down where you were exposed and identifies companies linked to those asbestos products by researching employment records, construction documents, military records, government regulations and more. We build a detailed exposure history to demonstrate negligence.
Can I file a claim if I don't know where asbestos exposure occurred?
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Yes, an experienced law firm like Braver Law can research your work history to identify probable asbestos exposures and responsible companies. Our extensive databases can find exposures you may have forgotten.
Should I pursue compensation from trusts and lawsuits?
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We recommend using all options - trusts, lawsuits, VA claims, etc. whenever available. Braver Law will develop a customized strategy to maximize your compensation through every available source based on your specific case.
Do I need a lawyer to file trust claims?
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A qualified mesothelioma attorney is highly recommended to navigate the complex process and maximize your payout. Braver Law's dedicated team has deep trust claim experience to get you maximum compensation. Call Braver Law today at 800-672-7181 or fill out our form for guidance on trust funds and answers to all your questions. Our legal team will fight tirelessly so you can focus on your health.