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Trust Fund Filing Guidance
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== Key Facts: Asbestos Trust Fund System == {| class="wikitable" style="width:100%; margin:1em 0; border-collapse:collapse;" |- ! style="background:#1a5276; color:white; padding:12px; text-align:left;" | Category ! style="background:#1a5276; color:white; padding:12px; text-align:left;" | Key Information |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Total System Assets | style="padding:12px; background:#e8f4f8;" | Over $30 billion in remaining assets across 60+ active trusts |- | style="padding:12px; font-weight:bold;" | Historical Payouts | style="padding:12px;" | $17+ billion distributed to 3.3+ million claimants since 1988 |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Payment Percentages | style="padding:12px; background:#e8f4f8;" | Range from 1% to 100% depending on individual trust solvency |- | style="padding:12px; font-weight:bold;" | Highest Paying Trust | style="padding:12px;" | NARCO Trust at 100% payment rate ($6.32B initial funding) |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Mesothelioma Recovery | style="padding:12px; background:#e8f4f8;" | Average $300,000-$500,000 in combined multi-trust recovery |- | style="padding:12px; font-weight:bold;" | Professional Advantage | style="padding:12px;" | 50-70% higher recovery than self-filed claims |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Processing Time | style="padding:12px; background:#e8f4f8;" | Expedited review: 97-98% of claims processed within 90 days |- | style="padding:12px; font-weight:bold;" | Individual Review Benefit | style="padding:12px;" | Can yield 200-300% higher payments for strong claims |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Exposure Cutoff | style="padding:12px; background:#e8f4f8;" | Most trusts require documentation before December 31, 1982 |- | style="padding:12px; font-weight:bold;" | Filing Deadlines | style="padding:12px;" | Statutes of limitations typically 2-3 years from diagnosis |- | style="padding:12px; font-weight:bold; background:#e8f4f8;" | Trust Administrators | style="padding:12px; background:#e8f4f8;" | Three major processors (CRMC, Verus, DCPF) manage majority |- | style="padding:12px; font-weight:bold;" | 2025 Development | style="padding:12px;" | Document destruction began April 2025 at multiple major trusts |} {| style="width:100%; margin:1em 0;" |- | style="width:33%; text-align:center; padding:20px; background:#1a5276; border-radius:8px 0 0 8px;" | <span style="font-size:2em; font-weight:bold; color:white;">60+</span><br/> <span style="color:#e8f4f8;">Active Trust Funds</span> | style="width:34%; text-align:center; padding:20px; background:#2980b9;" | <span style="font-size:2em; font-weight:bold; color:white;">$30B+</span><br/> <span style="color:#e8f4f8;">Available Compensation</span> | style="width:33%; text-align:center; padding:20px; background:#1a5276; border-radius:0 8px 8px 0;" | <span style="font-size:2em; font-weight:bold; color:white;">90 Days</span><br/> <span style="color:#e8f4f8;">First Payments Possible</span> |}
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