Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
WikiMesothelioma — Mesothelioma Knowledge Base
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Settlement Values by State
(section)
Page
Discussion
English
Read
Edit
Edit source
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
Edit source
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== How Do Asbestos Trust Funds Increase Total Compensation? == Asbestos bankruptcy trust funds represent a parallel compensation system operating independently from litigation, enabling victims to pursue both avenues simultaneously. Over 60 active trusts hold more than $30 billion specifically reserved for [https://dandell.com/mesothelioma/mesothelioma-asbestos-trust-fund-payouts/ asbestos trust fund payouts], with individual trust payments ranging from $7,000 to $1.2 million depending on the specific trust, payment percentage, and claim value. {| style="width:100%; background:#d4edda; border:1px solid #28a745; border-left:5px solid #28a745; border-radius:4px; margin:1em 0;" |- | style="padding:15px; color:#155724;" | '''✓ Good News:''' Trust fund claims do NOT reduce your lawsuit settlement in most states. You can pursue both simultaneously, often recovering '''$1.4 million or more''' in combined compensation. |} === Trust Fund Payment Structure and Percentages === Trust fund payment percentages vary dramatically based on fund resources and claim volume. The highest-paying trusts include NARCO at 100% payment rate (approximately $238,000 maximum), [https://dandell.com/asbestos-trust-funds/pittsburg-corning-asbestos-trust-payments-lawsuits/ Pittsburgh Corning] at 25% ($87,500 average), and [https://dandell.com/asbestos-trust-funds/wr-grace-asbestos-trust-payments-lawsuits/ W.R. Grace] at 31.7% ($57,060 average for mesothelioma). Lower-paying trusts include [https://www.mesotheliomalawyercenter.org/asbestos/manufacturers/owens-corning-corporation/ Owens Corning] at 4.7% ($16,450 average) and Federal-Mogul at 3.9-12.2% varying by subfund. {| class="wikitable" style="width:100%; margin:1em 0; border-collapse:collapse;" |- ! style="background:#1a5276; color:white; padding:12px; text-align:left;" | Trust Fund ! style="background:#1a5276; color:white; padding:12px; text-align:center;" | Payment % ! style="background:#1a5276; color:white; padding:12px; text-align:center;" | Avg. Mesothelioma Payment ! style="background:#1a5276; color:white; padding:12px; text-align:center;" | Processing Time |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | NARCO Trust | style="padding:12px; background:#e8f4f8; text-align:center; color:#28a745; font-weight:bold;" | 100% | style="padding:12px; background:#e8f4f8; text-align:center;" | $238,000 max | style="padding:12px; background:#e8f4f8; text-align:center;" | 90 days |- | style="padding:12px; font-weight:bold;" | Pittsburgh Corning | style="padding:12px; text-align:center; font-weight:bold;" | 25% | style="padding:12px; text-align:center;" | $87,500 | style="padding:12px; text-align:center;" | 90 days |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | W.R. Grace | style="padding:12px; background:#e8f4f8; text-align:center; font-weight:bold;" | 31.7% | style="padding:12px; background:#e8f4f8; text-align:center;" | $57,060 | style="padding:12px; background:#e8f4f8; text-align:center;" | 90 days |- | style="padding:12px; font-weight:bold;" | Johns-Manville | style="padding:12px; text-align:center; font-weight:bold;" | 10% | style="padding:12px; text-align:center;" | $18,000 | style="padding:12px; text-align:center;" | 90 days |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Owens Corning | style="padding:12px; background:#e8f4f8; text-align:center;" | 4.7% | style="padding:12px; background:#e8f4f8; text-align:center;" | $16,450 | style="padding:12px; background:#e8f4f8; text-align:center;" | 90 days |} Statistical analysis demonstrates victims qualify for 5-8 trust funds on average based on exposure history. Strategic multi-trust filing through [https://mesothelioma.net/filing-mesothelioma-asbestos-lawsuit/ qualified mesothelioma attorneys] increases total recovery significantly compared to single-trust claims. The [https://dandell.com/mesothelioma/johns-manville-asbestos-trust-payments-lawsuits/ Johns-Manville Trust]—the largest asbestos bankruptcy trust—continues processing thousands of claims annually at approximately 10% payment rate. === Trust Fund vs. Lawsuit: The Dual-Track Strategy === {| style="width:90%; margin:1.5em auto; background:#f8f9fa; border-left:4px solid #1a5276; border-radius:0 4px 4px 0;" |- | style="padding:20px 25px 15px; font-style:italic; font-size:1.05em; line-height:1.6;" | "We recommend pursuing both trust fund claims and litigation simultaneously whenever exposure evidence supports multiple defendants. Trust funds pay within 90 days, providing immediate financial relief while lawsuits proceed through longer timelines." |- | style="padding:5px 25px 20px; text-align:right;" | '''— David Foster,''' Client Advocate, Danziger & De Llano |} The [https://dandell.com/asbestos-trust-funds/asbestos-trust-funds-vs-settlements/ comparison between trust funds and settlements] reveals complementary advantages: trust funds offer guaranteed payment without litigation risk, while lawsuits potentially yield higher amounts through settlement negotiation or trial verdict. Combined average recovery from both sources typically reaches $1.4 million or more for victims with well-documented exposure histories and experienced legal representation. Trust fund claims do not reduce lawsuit settlements in most jurisdictions, though defendants may receive credits for trust payments in some states. [https://mesothelioma.net/mesothelioma-asbestos-trust-funds/ Mesothelioma trust fund guides] detail the specific requirements, deadlines, and payment schedules for each active trust. ----
Summary:
Please note that all contributions to WikiMesothelioma — Mesothelioma Knowledge Base may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
WikiMesothelioma:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Settlement Values by State
(section)
Add topic