Asbestos Victims Trust Fund

Asbestos trust fund claims are an important asset to victims and their families but some limits exist.

Asbestos victims trust fund.

What are asbestos trust funds. According to a report by rand institute for civil justice victims of asbestos exposure collectively received approximately 3 3 billion from asbestos trust funds in 2008. And more than 18 billion has been paid to asbestos victims since the 1980s. A mesothelioma attorney can help victims pursue trust fund compensation if they have developed an asbestos caused illness.

Financial assistance can help with a variety of hardships families face after a death or diagnosis. In order to request financial compensation from a certain asbestos trust fund. Trust fund payments vary widely from one trust to another but billions of dollars are available to people with mesothelioma. Access the 30 billion in trust funds for mesothelioma victims.

Financial assistance can help with a variety of hardships families face after a death or diagnosis. Information sharing and set offs you may decide to take other forms of legal action such as a mesothelioma lawsuit in addition to filing for asbestos bankruptcy trust compensation. This allows the trust to gradually pay victims using the amount of funds in the trust which may increase or decrease depending on the investments. At the moment only individuals diagnosed with mesothelioma asbestosis or lung cancer qualify for compensation from asbestos trust funds.

What are asbestos trust funds. There are currently 60 active asbestos trust funds in the u s. Each asbestos trust fund is managed by a board of trustees who do not have any connection with the company s executives or staff. Asbestos trust funds were established by bankrupt asbestos containing product companies in order to compensate victims of asbestos related diseases.

Asbestos trust funds which some people also refer to as mesothelioma trust funds are created to secure future compensation for mesothelioma victims and others injured by exposure to asbestos when asbestos manufacturers file for chapter 11 bankruptcy protection. Nowadays it is a well known fact that asbestos exposure can cause devastating illnesses including lung cancer and mesothelioma. Asbestos victims and loved ones can file a trust fund claim to receive compensation. We ve worked with thousands of victims of wrongful asbestos exposure and their families to help them secure compensation from asbestos and mesothelioma trust funds.

Claimants with life. Further the trusts award claimants based on what asbestos related disease they were diagnosed with.