Still Billions Available: Mesothelioma & Asbestos Trust Fund Payouts

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. People diagnosed with asbestos-related diseases may qualify for compensation through asbestos trust fund claims. If you or a loved one have developed an asbestos-related disease, you may be entitled to significant financial compensation.

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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 90 days.

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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.

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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 viable option for individuals seeking compensation due to asbestos exposure is to file a claim with an asbestos trust fund. These asbestos trust funds were established by companies that faced overwhelming asbestos-related liabilities and subsequently filed for bankruptcy. Rather than completely dissolving without fulfilling their financial obligations, these companies were required by the courts to set aside substantial amounts of money to ensure that both current and future victims of asbestos-related diseases, including mesothelioma, could still receive financial compensation.The purpose of these asbestos trust funds is to provide a streamlined process for victims who have developed illnesses such as mesothelioma, lung cancer, or asbestosis due to prolonged exposure to asbestos. The companies that contributed to these trust funds did so as part of their bankruptcy restructuring agreements, ensuring that affected individuals—both those currently suffering and those who may be diagnosed in the future—have access to financial resources for medical treatments, lost wages, and other damages. Unlike traditional lawsuits, filing a claim with an asbestos trust fund does not require going through a lengthy trial process, making it a more efficient means of securing compensation.These trust funds were created to address the financial responsibilities of companies that manufactured, sold, or used asbestos-containing products and materials. Over the years, numerous businesses have had to declare bankruptcy due to the massive legal and financial repercussions of asbestos-related illnesses among workers, consumers, and their families. However, instead of simply dissolving, they were mandated to establish asbestos trust funds with pre-allocated amounts of money designated for settlement claims. Experts estimate that these asbestos trust funds still contain approximately $30 billion collectively, ensuring that victims of asbestos exposure continue to have access to the financial compensation they deserve.The claims process for an asbestos trust fund is designed to be more accessible than traditional litigation, often requiring medical documentation that confirms an asbestos-related diagnosis such as mesothelioma. Each trust fund operates independently, with its own set of criteria and compensation guidelines, but the overall goal remains the same—to provide fair compensation to those who have suffered due to asbestos exposure. With an estimated $30 billion still available across multiple asbestos trust funds, individuals diagnosed with asbestos-related diseases may have a significant opportunity to secure financial relief for medical expenses, lost income, and other related costs.If you or a loved one has been diagnosed with mesothelioma or another asbestos-related disease, exploring the option of filing a claim with an asbestos trust fund could be an essential step toward receiving the compensation necessary for treatment and financial stability.

Billions Remain in Asbestos Trusts for Mesothelioma Compensation

As of January 2024, an estimated $30 Billion is still available in asbestos trust funds. Asbestos trust fund compensation can provide significant financial relief 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 is committed to helping clients maximize the compensation they are entitled to from asbestos trust funds. Navigating the asbestos trust claim process can be highly complex, but with our extensive experience and deep understanding of asbestos-related legal matters, we ensure that every client receives the highest possible payout. Our legal team specializes in thoroughly researching your work history and identifying all potential asbestos trust funds that may be available to you. Because multiple companies were responsible for exposing workers and consumers to asbestos, many individuals may qualify for compensation from multiple asbestos trust funds. Our team leaves no stone unturned in determining every trust that could contribute to your claim.

At Braver Law, we know that successfully securing compensation from asbestos trust funds requires more than just submitting paperwork. We take a meticulous approach, compiling comprehensive exposure evidence that clearly connects your diagnosis—whether it’s mesothelioma, lung cancer, or another asbestos-related disease—to the responsible companies. We carefully prepare each asbestos trust fund claim with the necessary documentation to ensure that your case is presented in the strongest possible manner. Our team is highly skilled in handling the legal complexities of trust fund claims, avoiding common pitfalls that could lead to delays or denials.

If an asbestos trust fund claim is unfairly denied or undervalued, our legal team doesn’t stop there. We aggressively pursue appeals, challenging any decisions that do not fully compensate our clients. Because asbestos trust funds were established to provide fair financial relief to victims, we fight relentlessly to ensure that you receive the maximum compensation you deserve. Our commitment to advocacy means that we stand by our clients at every stage of the process, working tirelessly to secure the funds necessary to cover medical expenses, lost income, and other damages related to asbestos exposure.

With billions of dollars still available in asbestos trust funds, it’s crucial that you don’t leave money on the table. The trust fund experts at Braver Law are here to guide you through every step of the claims process, ensuring that you receive the financial compensation rightfully owed to you. Whether you are filing an initial claim or appealing a previous decision, our experienced legal team is ready to fight for your rights and secure the best possible outcome. If you or a loved one has been affected by asbestos exposure, trust Braver Law to provide the legal support you need to maximize your compensation and achieve financial peace of mind.

How to Get Started with Your Asbestos Trust Claim

If you or a loved one has been diagnosed with an asbestos-related illness, taking immediate action is essential to ensure you receive the compensation you deserve. At Braver Law, we offer a free, no-obligation review of your claim eligibility to help determine which asbestos trust funds you may qualify for. Our experienced legal team specializes in navigating the complexities of asbestos trust fund claims, working diligently to maximize your payout. To get started, simply call us at 866-814-0768 or request a free case evaluation through our website.

Time is of the essence when it comes to filing an asbestos trust fund claim. Statutes of limitations vary by state, meaning that deadlines for filing can differ depending on where you live and where the asbestos exposure occurred. Missing these deadlines could jeopardize your ability to receive compensation, which is why acting quickly is so important. When you contact Braver Law, our knowledgeable attorneys will carefully assess your eligibility, explain your legal options, and develop a strategic approach to ensure your claim is submitted on time and in compliance with trust fund requirements.

Filing an asbestos trust fund claim involves gathering extensive evidence, including medical records, work history documentation, and proof of asbestos exposure. Our legal team will handle all aspects of the process, from compiling the necessary paperwork to submitting claims and following up with trust administrators. If any claim is denied or undervalued, we will aggressively appeal the decision to fight for the maximum compensation you deserve. With billions of dollars still available in asbestos trust funds, victims of mesothelioma, lung cancer, and other asbestos-related diseases should not miss their opportunity to secure financial relief.

By choosing Braver Law to handle your claim, you can focus on what matters most—your health, your treatments, and your loved ones—while we take care of the legal complexities. Our team is dedicated to ensuring that every client receives the full financial support they are entitled to from the trust funds set up to compensate victims of asbestos exposure. Whether you were exposed at work, in the military, or through a family member, we are here to help you navigate this process with confidence.

Don’t wait—the time to act is now. Fill out the form today to start your free case evaluation, or call 800-672-7181 to speak with one of our knowledgeable attorneys. Let Braver Law fight for the compensation you and your family deserve.

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 been diagnosed with an asbestos-related illness such as mesothelioma, lung cancer, or asbestosis, you may be entitled to significant financial compensation. These diseases often result from prolonged exposure to asbestos, a hazardous material once widely used in construction, manufacturing, and military applications. Because asbestos-related illnesses can lead to costly medical treatments, lost income, and severe financial strain, it is essential to explore the available options for recovering compensation to help cover these expenses.

There are several potential avenues for obtaining financial relief. One of the most common is filing a claim with an asbestos trust fund. These trust funds were established by companies that were held responsible for exposing individuals to asbestos but later filed for bankruptcy. Instead of avoiding liability, these companies were required to set aside billions of dollars to compensate current and future victims. Filing an asbestos trust fund claim can provide much-needed financial support without requiring victims to go through a lengthy lawsuit process.

Another way to seek compensation is by filing a personal injury lawsuit against companies that manufactured, distributed, or used asbestos-containing products. Many victims have successfully pursued lawsuits against these corporations, resulting in substantial settlements or court verdicts that help cover medical expenses, lost wages, and pain and suffering. If a loved one has passed away due to an asbestos-related disease, family members may also be eligible to file a wrongful death claim, which can provide financial compensation for funeral costs, loss of income, and emotional distress.

For veterans who were exposed to asbestos during their military service, there are additional options for financial assistance. The Department of Veterans Affairs (VA) offers benefits for veterans diagnosed with mesothelioma and other asbestos-related diseases. Many military personnel, particularly those who served in the Navy, were exposed to high levels of asbestos in ships, barracks, and equipment. Veterans who qualify may receive disability compensation, healthcare benefits, and additional financial assistance through VA programs.

Because each compensation option has its own specific requirements and deadlines, it is crucial to act quickly. Statutes of limitations vary by state and can impact eligibility for filing claims. This is why working with an experienced asbestos attorney can make a significant difference in the outcome of your case. A skilled legal team can thoroughly evaluate your work history and asbestos exposure, identify all potential sources of compensation, and handle the legal paperwork and filings on your behalf. Whether you are eligible for trust fund claims, lawsuits, settlements, or VA benefits, having knowledgeable attorneys on your side can help maximize your financial recovery.

If you or someone you love has been affected by an asbestos-related illness, now is the time to explore your legal options. Medical expenses and financial burdens can quickly become overwhelming, but there are resources available to help you secure the compensation you deserve. Do not wait—take action today to protect your rights and ensure financial support for you and your family.

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. Research from the Rand Institute for Civil Justice has shown that asbestos trust funds continue to play a crucial role in compensating victims of asbestos exposure. 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.