Am I Eligible for Asbestos Trust Funds?

Over $30 billion remains in 60+ asbestos trust funds. Find out which ones may apply to your work history.

Asbestos trust funds were established by companies that manufactured or distributed asbestos products and later filed for bankruptcy. These trusts exist specifically to compensate people who developed diseases from asbestos exposure — and they are separate from lawsuits. You can file trust fund claims even if you've already settled a lawsuit, and you can pursue both simultaneously.

Based on your occupation and industry, our tool identifies which categories of trust funds may apply to your situation. Our attorneys then conduct a detailed review to determine your specific eligibility and maximize your recovery.

Check Your Trust Fund Eligibility

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How Asbestos Trust Fund Claims Work

Asbestos trust funds were created under federal bankruptcy law when companies that manufactured asbestos products could no longer afford to pay individual lawsuits. The courts required these companies to set aside funds specifically for compensating people with asbestos-related diseases.

1

Identify Exposure

Our attorneys review your work history to determine which asbestos products and companies you were exposed to.

2

File Claims

We prepare and submit claims to every applicable trust fund, including all required medical and exposure documentation.

3

Collect Payment

Trust funds review claims and issue payments, typically within 3-12 months. Multiple trusts pay simultaneously.

Key Facts About Asbestos Trust Funds

  • 60+ active trusts currently accepting and paying claims
  • $30+ billion in combined remaining trust assets
  • Separate from lawsuits — you can pursue both at the same time
  • No courtroom required — claims are filed directly with each trust
  • Mesothelioma patients receive the highest payment categories
  • No upfront cost — our attorneys work on contingency

Frequently Asked Questions About Asbestos Trust Funds

What are asbestos trust funds?

Asbestos trust funds are compensation funds established by companies that manufactured or used asbestos products and later filed for bankruptcy. Federal courts required these companies to create trust funds to pay current and future asbestos disease claims. There are currently more than 60 active trust funds holding over $30 billion in combined assets.

Can I file trust fund claims and a lawsuit at the same time?

Yes. Asbestos trust fund claims and lawsuits are separate legal processes. You can pursue both simultaneously. In fact, most mesothelioma attorneys recommend filing trust fund claims alongside any lawsuit to maximize total compensation. The two processes do not conflict with each other.

How much money can I receive from asbestos trust funds?

Individual trust fund payments range from a few thousand dollars to over $100,000 per trust, depending on the trust, your disease category, and how much the trust pays on claims (the payment percentage). Most mesothelioma patients qualify for claims against multiple trusts. Combined trust fund recoveries of $200,000 to $500,000 or more are not uncommon for mesothelioma patients.

How long does it take to receive trust fund payments?

Most asbestos trust fund claims are resolved within 3 to 12 months, though some trusts process claims faster than others. Expedited review (for claims that meet standard criteria) is typically faster than individual review. Our attorneys file claims as quickly as possible and track each trust fund's processing timeline.

Do I need a lawyer to file asbestos trust fund claims?

While not legally required, having an experienced asbestos attorney significantly increases recovery. Attorneys know which trusts apply to your exposure, how to document claims properly, and how to maximize payment percentages. Our attorneys handle all trust fund filings at no upfront cost — we only receive a fee if we recover compensation for you.

What if the company that exposed me to asbestos is still in business?

If the company is still operating, you may be able to file a direct lawsuit against them in addition to any trust fund claims against bankrupt companies. Many asbestos victims have claims against both active companies and bankruptcy trusts. Our attorneys identify all responsible parties — both bankrupt and solvent — to pursue maximum compensation.

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