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WHAT ARE ASBESTOS TRUST FUNDS?
Asbestos trust funds are created when companies file for bankruptcy due to numerous lawsuits related to asbestos. These funds are specifically designed to provide compensation to individuals suffering from asbestos-related diseases like mesothelioma. The purpose is to assist those impacted by asbestos exposure, helping them cover medical costs and other challenges they may face.
HOW DO ASBESTOS TRUST FUNDS WORK?
When a company establishes an asbestos trust fund, a designated amount of money is allocated to compensate victims. A board of trustees manages the funds and reviews claims submitted by affected individuals. To file a claim, specific criteria must be met, including a diagnosis of mesothelioma, evidence of asbestos exposure, and a connection to the bankrupt asbestos company.
If a claim is approved, the claimant may receive compensation from the trust fund. The amount of compensation varies depending on factors such as the severity of the illness, the individual's exposure history, and the available funds. The goal is to provide fair compensation to assist with medical expenses, lost wages, and other damages caused by asbestos-related illnesses.
BENEFITS OF ASBESTOS TRUST FUNDS
HOW TO ACCESS ASBESTOS TRUST FUNDS
To access asbestos trust funds, individuals diagnosed with mesothelioma should seek guidance from an experienced mesothelioma attorney. These attorneys specialize in asbestos cases and understand the trust fund system. They can assist in gathering required documents, preparing the claim, and advocating for fair compensation.
Each trust fund operates independently, with different eligibility criteria and compensation amounts. An experienced attorney will navigate the process and work to maximize the compensation available from the trust funds.
ASBESTOS TRUST FUNDS PROVIDE FINANCIAL SUPPORT
Asbestos trust funds provide vital financial support to people diagnosed with mesothelioma, alleviating the financial strain caused by medical expenses and lost income. If you or a loved one has been diagnosed with mesothelioma, consult with a knowledgeable mesothelioma attorney to explore options for accessing asbestos trust funds and obtaining the compensation you deserve.
Asbestos companies that have filed for bankruptcy protection have established asbestos trust funds to pay claims. There are about 65 active Asbestos Trust Funds totaling more than 30 billion.
To apply for an Asbestos Trust Fund Claim, you will need the help of an experienced lawyer. A Mesothelioma lawyer will guide you through the various Asbestos Trust Funds to find out which ones you may qualify for compensation.
Some Asbestos trusts have exhausted their funds and are now insolvent.
A&I Corporation Asbestos Trust: A&I Corporation used asbestos in various products, including insulation and gaskets, which exposed workers during manufacturing, installation, and maintenance processes.
A.B.B. Global Inc. Asbestos Trust: A.B.B. Global Inc. manufactured asbestos-containing products, such as electrical equipment and insulation materials, exposing workers involved in production, installation, and repair activities.
A.P. Green Industries, Inc. Asbestos Trust: A.P. Green Industries manufactured asbestos-containing refractory products, exposing workers during manufacturing, installation, repair, and demolition processes.
A.P.I. Group, Inc. Asbestos Trust: A.P.I. Group produced asbestos-containing insulation, gaskets, and packing materials, leading to worker exposure during manufacturing, installation, and repair tasks.
ABB Lummus Global, Inc. Asbestos Trust: ABB Lummus Global utilized asbestos in the construction of industrial facilities and equipment, resulting in worker exposure during installation, repair, and maintenance activities.
A-Best Products Co. Asbestos Trust: A-Best Products Co. manufactured asbestos-containing products, including insulation and gaskets, which exposed workers during production, installation, and repair tasks.
AC&S Asbestos Trust Fund: AC&S produced asbestos-containing construction materials, such as insulation, cement, and coatings, exposing workers in construction, renovation, and maintenance projects.
Amatex Corp. Asbestos Trust Fund: Amatex Corp. manufactured asbestos-containing textiles and insulation products, exposing workers involved in production, installation, and repair processes.
AP Green Industries Asbestos Trust Fund: AP Green Industries produced asbestos-containing refractory materials used in high-temperature applications, leading to worker exposure during manufacturing, installation, and maintenance activities.
APG Asbestos Trust Fund: APG manufactured asbestos-containing construction materials, including insulation and fireproofing products, resulting in worker exposure during manufacturing, installation, and renovation tasks.
API, Inc. Asbestos Settlement Trust: API, Inc. produced asbestos-containing products, such as insulation and gaskets, exposing workers during manufacturing, installation, and maintenance activities.
Armstrong World Industries, Inc. Asbestos Trust: Armstrong World Industries manufactured asbestos-containing building materials, including floor tiles and insulation, exposing workers during manufacturing, installation, and renovation processes.
ARTRA Group, Inc. Asbestos Trust: ARTRA Group used asbestos in the production of construction materials, such as insulation and cement, leading to worker exposure during manufacturing and installation tasks.
ASARCO LLC Asbestos Settlement Trust: ASARCO LLC utilized asbestos in mining operations, exposing workers to asbestos fibers during extraction, processing, and transportation activities.
Asbestos Claims Management Corp./National Gypsum Co.: National Gypsum Co. manufactured asbestos-containing construction materials, such as drywall and insulation, resulting in worker exposure during manufacturing, installation, and renovation tasks.
Babcock & Wilcox Co. Asbestos Trust: Babcock & Wilcox Co. produced asbestos-containing boilers and insulation materials, exposing workers during manufacturing, installation, and maintenance processes.
Bartells Asbestos Settlement Trust Fund: Bartells manufactured asbestos-containing products, including insulation and gaskets, which exposed workers during manufacturing, installation, and repair activities.
Bondex Asbestos Trust Fund: Bondex manufactured asbestos-containing coatings, adhesives, and sealants, resulting in worker exposure during production, application, and removal tasks.
Brauer Supply Asbestos Trust Fund: Brauer Supply distributed asbestos-containing products, such as insulation and fireproofing materials, exposing workers during sales, installation, and maintenance activities.
Burns and Roe Enterprises, Inc. Asbestos Trust: Burns and Roe Enterprises used asbestos in the construction of power plants and industrial facilities, leading to worker exposure during construction, renovation, and maintenance tasks.
C.E. Thurston & Sons, Inc. Asbestos Trust: C.E. Thurston & Sons, Inc. used asbestos-containing materials in construction projects, exposing workers to asbestos during building, renovation, and demolition activities.
Christy Refractories Company, L.L.C. Asbestos Trust: Christy Refractories manufactured asbestos-containing refractory materials used in high-temperature applications, leading to worker exposure during production, installation, and repair tasks.
Thorpe Insulation Co./Pacific Insulation Co. Asbestos Trust: Thorpe Insulation and Pacific Insulation produced asbestos-containing insulation materials, exposing workers during manufacturing, installation, and maintenance processes.
Turner & Newall / Federal-Mogul Asbestos Trust: Turner & Newall and Federal-Mogul manufactured asbestos-containing products, including insulation and gaskets, which exposed workers.
Asbestos Trust: Burns and Roe Enterprises used asbestos in the construction of power plants and industrial facilities, leading to worker exposure during construction, renovation, and maintenance tasks.
C.E. Thurston & Sons, Inc. Asbestos Trust: C.E. Thurston & Sons, Inc. utilized asbestos in the production of insulation and fireproofing materials, exposing workers during manufacturing, installation, and repair activities.
Carey Canada Asbestos Trust Fund: Carey Canada manufactured asbestos-containing insulation products, exposing workers during manufacturing, installation, and maintenance processes.
Celotex Corporation/Carey Canada, Inc. Asbestos Trust: Celotex Corporation and Carey Canada produced asbestos-containing construction materials, such as insulation and roofing products, resulting in worker exposure during manufacturing, installation, and renovation tasks.
Chrysler Asbestos Trust Fund: Chrysler used asbestos-containing materials in the manufacturing of automotive parts, exposing workers during production, installation, and repair tasks.
Combustion Engineering, Inc. Asbestos Trust: Combustion Engineering utilized asbestos in the production of boilers and other industrial equipment, leading to worker exposure during manufacturing, installation, and maintenance activities.
Congoleum Plan Asbestos Trust Fund: Congoleum Corporation manufactured asbestos-containing flooring and building materials, exposing workers during manufacturing, installation, and renovation processes.
Daimler Chrysler Asbestos Trust: Daimler Chrysler utilized asbestos-containing materials in the manufacturing of vehicles, resulting in worker exposure during production, installation, and repair tasks.
DII Industries LLC Asbestos Trust: DII Industries produced asbestos-containing insulation and refractory products, exposing workers during manufacturing, installation, and maintenance activities.
Dresser Industries / DII Industries LLC Asbestos Trust: Dresser Industries and DII Industries manufactured asbestos-containing products, including valves and controls, leading to worker exposure during manufacturing, installation, and maintenance tasks.
Durabla Asbestos Trust Fund: Durabla manufactured asbestos-containing gaskets and packing materials, exposing workers during production, installation, and repair processes.
E.J. Bartells Co. Asbestos Trust Fund: E.J. Bartells produced asbestos-containing insulation and fireproofing materials, resulting in worker exposure during manufacturing, installation, and maintenance activities.
Eagle-Picher Industries, Inc. Asbestos Trust: Eagle-Picher Industries manufactured asbestos-containing products, including insulation and batteries, exposing workers during manufacturing, installation, and repair tasks.
EJ Bartels Co, Inc. Asbestos Trust: EJ Bartels produced asbestos-containing insulation materials, exposing workers during manufacturing, installation, and maintenance processes.
Energy Future Holdings Corp. Asbestos Trust: Energy Future Holdings used asbestos-containing materials in power generation facilities, leading to worker exposure during construction, maintenance, and demolition activities.
Federal Mogul Corp. Asbestos Trust: Federal Mogul manufactured asbestos-containing automotive parts, exposing workers during production, installation, and repair tasks.
Ferodo America, Inc. Asbestos Trust: Ferodo America produced asbestos-containing friction materials, including brake pads, resulting in worker exposure during manufacturing, installation, and maintenance processes.
Fibreboard Corp. Asbestos Trust Fund: Fibreboard Corporation manufactured asbestos-containing construction and insulation products, exposing workers during manufacturing, installation, and renovation activities.
Flexitallic, Inc. Asbestos Trust Fund: Flexitallic manufactured asbestos-containing gaskets and sealing materials, leading to worker exposure during production, installation, and repair tasks.
Flintkote Co./Flintkote Mines Ltd Asbestos Trust: Flintkote produced asbestos-containing construction and insulation materials, exposing workers during manufacturing, installation, and renovation processes.
Forty-Eight Insulations Asbestos Trust: Forty-Eight Insulations manufactured asbestos-containing insulation products, resulting in worker exposure during manufacturing, installation, and maintenance activities.
Fuller-Austin Insulation Co Asbestos Trust: Fuller-Austin Insulation produced asbestos-containing insulation materials, exposing workers during manufacturing, installation, and repair processes.
G-1 Holdings Asbestos Settlement Trust: G-1 Holdings used asbestos-containing materials in the construction and renovation of buildings, leading to worker exposure during construction.
G-1 Holdings Asbestos Settlement Trust: G-1 Holdings used asbestos-containing materials in the construction and renovation of buildings, leading to worker exposure during construction, renovation, and maintenance tasks.
GAF Asbestos Trust Fund: GAF Corporation manufactured asbestos-containing roofing and construction materials, exposing workers during manufacturing, installation, and renovation processes.
Garlock Co. Asbestos Trust: Garlock produced asbestos-containing gaskets and sealing products, resulting in worker exposure during production, installation, and repair activities.
General Motors Corp. Asbestos Trust: General Motors utilized asbestos-containing materials in the manufacturing of vehicles, leading to worker exposure during production, installation, and repair tasks.
G-I Holdings, Inc. Asbestos Trust: G-I Holdings produced asbestos-containing construction and insulation materials, exposing workers during manufacturing, installation, and renovation activities.
Global Industrial Technologies [Harbison-Walker]: Global Industrial Technologies, formerly known as Harbison-Walker, manufactured asbestos-containing refractory materials, resulting in worker exposure during production, installation, and maintenance processes.
H.K. Porter Co. Ltd. Asbestos Trust: H.K. Porter produced asbestos-containing materials, including insulation and gaskets, which exposed workers during manufacturing, installation, and repair activities.
Halliburton Energy Services, Inc. Trust Fund: Halliburton used asbestos-containing materials in oilfield services, leading to worker exposure during drilling, installation, and maintenance tasks.
Harbison-Walker Refractories Co. Asbestos Trust: Harbison-Walker manufactured asbestos-containing refractory materials used in high-temperature applications, exposing workers during production, installation, and repair tasks.
Hercules Chemical Co., Inc. Asbestos Trust: Hercules Chemical produced asbestos-containing products, including adhesives and sealants, resulting in worker exposure during manufacturing, application, and removal processes.
Johns-Manville Corp./Philadelphia Asbestos Inc. [Pacor]: Johns-Manville and Philadelphia Asbestos Inc. manufactured asbestos-containing products, such as insulation and gaskets, exposing workers during manufacturing, installation, and repair tasks.
J.T. Thorpe Company Asbestos Trust: J.T. Thorpe Company used asbestos in the production of insulation and fireproofing materials, leading to worker exposure during manufacturing, installation, and maintenance activities.
Kaiser Aluminum Corp. Asbestos Trust: Kaiser Aluminum utilized asbestos-containing materials in the manufacturing of aluminum products, resulting in worker exposure during production, installation, and repair processes.
Kaiser Gypsum Asbestos Trust Fund: Kaiser Gypsum manufactured asbestos-containing construction and insulation materials, exposing workers during manufacturing, installation, and renovation tasks.
Keasbey & Mattison Asbestos Trust Fund: Keasbey & Mattison produced asbestos-containing insulation products, resulting in worker exposure during manufacturing, installation, and repair activities.
Keene Corp. Asbestos Trust Fund: Keene Corporation manufactured asbestos-containing products, including insulation and gaskets, which exposed workers during manufacturing, installation, and repair processes.
Kentile / Metex Asbestos Trust: Kentile and Metex manufactured asbestos-containing flooring and construction materials, exposing workers during manufacturing, installation, and renovation activities.
Leslie Controls, Inc. Asbestos Trust: Leslie Controls produced asbestos-containing valves and controls, leading to worker exposure during manufacturing, installation, and maintenance tasks.
Lykes Brothers Steamship Co. Asbestos Trust: Lykes Brothers Steamship Company utilized asbestos-containing materials in ship construction and maintenance, resulting in worker exposure during construction, repair, and maintenance activities.
MacArthur Co./Western Asbestos Co. Asbestos Trust: MacArthur Company and Western Asbestos Company distributed asbestos-containing insulation and construction materials, exposing workers during sales, installation, and maintenance processes.
NARCO Asbestos Trust Fund: NARCO produced asbestos-containing construction and insulation products, exposing workers during manufacturing, installation, and renovation tasks.
National Gypsum Company Asbestos Trust: National Gypsum Company manufactured asbestos-containing construction materials, including drywall and insulation, resulting in worker exposure during manufacturing, installation, and renovation activities.
NGC Bodily Injury Asbestos Trust Fund: NGC (National Gypsum Company) Bodily Injury Asbestos Trust provides compensation to individuals who suffered asbestos-related injuries due to exposure to NGC products. North American Refractories Co.
[NARCO] Asbestos Trust: NARCO produced asbestos-containing refractory materials used in high-temperature applications, exposing workers during production, installation, and repair tasks.
Owens Corning/Fibreboard Corp.: Owens Corning and Fibreboard Corporation manufactured asbestos-containing insulation and construction materials, exposing workers during manufacturing, installation, and renovation processes.
Philadelphia Asbestos Corp: Philadelphia Asbestos Corporation produced asbestos-containing products, including insulation and gaskets, which exposed workers during manufacturing, installation, and repair activities.
Pilbrico Co. Asbestos Trust: Pilbrico Company manufactured asbestos-containing refractory materials, exposing workers during production, installation, and repair tasks.
Piper Aircraft Corporation Asbestos Trust: Piper Aircraft Corporation utilized asbestos-containing materials in the manufacturing of aircraft, leading to worker exposure during production, installation, and repair activities.
Pittsburgh Corning Corp Asbestos Trust Fund: Pittsburgh Corning Corporation produced asbestos-containing foam glass insulation, exposing workers during manufacturing, installation, and renovation processes.
Plant Insulation Co. Asbestos Settlement Trust: Plant Insulation Company manufactured asbestos-containing insulation products, resulting in worker exposure during manufacturing, installation, and maintenance tasks.
Plibrico Co. Asbestos Trust Fund: Plibrico Company produced asbestos-containing refractory materials used in high-temperature applications, exposing workers during production, installation, and repair activities.
Porter-Hayden Co. Asbestos Trust Fund: Porter-Hayden Company manufactured asbestos-containing insulation and construction materials, exposing workers during manufacturing, installation, and renovation tasks.
Quigley Co. Asbestos Trust Fund: Quigley Company produced asbestos-containing talc products, exposing workers during mining, manufacturing, and packaging processes.
Raymark Corp./Raytech Corp. Asbestos Fund: Raymark Corporation and Raytech Corporation produced asbestos-containing automotive and industrial products, resulting in worker exposure during manufacturing, installation, and repair activities.
Raytech [Raybestos] Corp Asbestos Fund: Raytech Corporation, also known as Raybestos, manufactured asbestos-containing automotive products, exposing workers during production, installation, and repair tasks.
Republic Powdered Metals Asbestos Trust: Republic Powdered Metals produced asbestos-containing metal powders, resulting in worker exposure during manufacturing and packaging processes.
Shook & Fletcher Insulation Co. Asbestos Trust: Shook & Fletcher Insulation Company manufactured asbestos-containing insulation materials, exposing workers during production, installation, and maintenance activities.
Skinner Engine Co. Asbestos Trust: Skinner Engine Company used asbestos in the production of engine parts, leading to worker exposure during manufacturing, installation, and repair tasks.
Stone & Webster Engineering Asbestos Trust: Stone & Webster Engineering Corporation utilized asbestos in the construction of power plants and industrial facilities, exposing workers during construction, renovation, and maintenance activities.
Swan Transportation Company Asbestos Trust: Swan Transportation Company utilized asbestos-containing materials in shipbuilding and repair, resulting in worker exposure during construction, renovation, and maintenance tasks.
Synkoloid Company Asbestos Trust: Synkoloid Company produced asbestos-containing joint compounds and adhesives, exposing workers during production, application, and removal processes.
T&N, Ltd. Asbestos Trust: T&N, Ltd. manufactured asbestos-containing construction and insulation materials, exposing workers during manufacturing, installation, and renovation activities.
T.H. Agriculture & Nutrition LLC. Asbestos Trust: T.H. Agriculture & Nutrition LLC. produced asbestos-containing agricultural and industrial products, resulting in worker exposure during manufacturing, installation, and maintenance processes.
THAN Asbestos Trust Fund: THAN (Thermal Acoustical Corporation) used asbestos in the production of thermal and acoustical insulation products, exposing workers during manufacturing, installation, and maintenance activities.
The Christy Refractories Company, L.L.C. Asbestos Trust: The Christy Refractories Company manufactured asbestos-containing refractory materials used in high-temperature applications, leading to worker exposure during production, installation, and repair tasks.
Thorpe Insulation Co./Pacific Insulation Co. Asbestos Trust: Thorpe Insulation and Pacific Insulation produced asbestos-containing insulation materials, exposing workers during manufacturing, installation, and maintenance processes.
Turner & Newall / Federal-Mogul Asbestos Trust: Turner & Newall and Federal-Mogul manufactured asbestos-containing products, including insulation and gaskets, which exposed workers during manufacturing, installation, and repair activities.
UNARCO Asbestos Trust Fund: UNARCO produced asbestos-containing construction materials, such as insulation and roofing products, resulting in worker exposure during manufacturing, installation, and renovation tasks.
United Gilsonite Asbestos Trust Fund: United Gilsonite Laboratories manufactured asbestos-containing products, including sealants and adhesives, exposing workers during production, application, and removal processes.
United States Gypsum Co./USG Corp. Trust Fund: United States Gypsum Company (USG Corp.) manufactured asbestos-containing construction materials, including drywall and insulation, resulting in worker exposure during manufacturing, installation, and renovation processes.
United States Mineral Products Co. Asbestos Trust: United States Mineral Products Company produced asbestos-containing construction and insulation materials, exposing workers during manufacturing, installation, and renovation activities.
UNR Industries, Inc./Unarco Industries, Inc. Asbestos Trust: UNR Industries and Unarco Industries manufactured asbestos-containing construction and insulation products, leading to worker exposure during manufacturing, installation, and repair tasks.
US Gypsum Asbestos Trust: US Gypsum produced asbestos-containing construction materials, including drywall and insulation, exposing workers during manufacturing, installation, and renovation processes.
Utex Industries, Inc. Asbestos Trust: Utex Industries manufactured asbestos-containing gaskets and sealing materials, resulting in worker exposure during production, installation, and repair activities.
W.R. Grace & Co. Asbestos Trust: W.R. Grace & Co. produced asbestos-containing construction materials, such as insulation and fireproofing products, exposing workers during manufacturing, installation, and renovation tasks.
Western Asbestos Company Asbestos Trust: Western Asbestos Company mined and distributed asbestos-containing materials, exposing workers during mining, manufacturing, and transportation processes.
Western Macarthur Company Asbestos Trust: Western Macarthur Company used asbestos-containing materials in the production of construction and insulation products, leading to worker exposure during manufacturing, installation, and renovation activities.
Yarway Asbestos Trust: Yarway utilized asbestos in the manufacturing of valves and controls, exposing workers during production, installation, and maintenance activities.
Asbestos manufacturers of products and materials have admitted fault and set up trust funds to compensate workers for their asbestos exposure. There are more than 30 billion dollars in 60+ asbestos trust funds for patients diagnosed with Mesothelioma cancer, asbestos lung cancer, and other asbestos-related diseases. If you know someone who has been diagnosed with Mesothelioma contact us to learn more about your legal rights for compensation.
If you have been diagnosed with an asbestos-related disease such as Mesothelioma, you have legal rights and may eligible able to recover compensation from Asbestos Trust Funds.
Get a free consultation from an experienced Mesothelioma lawyer to know if you have a valid legal claim today.
Asbestos Trust Funds have a strict Statute of Limitations.
Statutes of Limitations is the time a Mesothelioma victim has to file a lawsuit.
The Statute of Limitations for Mesothelioma and asbestos exposure varies from state to state.
The Statute of Limitations for Mesothelioma begins when a person is either diagnosed or dies, not the date of their exposure.
An experienced Mesothelioma attorney can help you file a claim before your Statutes of Limitations expires.
Veterans diagnosed with Mesothelioma have legal rights and may be eligible to recover compensation from negligent asbestos companies and asbestos trust funds.
There are approximately 25 million veterans in the U. S. Military United States.
U.S. Navy Ships contained more than 300 asbestos-containing products and materials that were used regularly in the constructions of ships until 1980. Thousands of military veterans served on U. S. Navy ships with the peak exposure years from 1930-1980.
Asbestos products onboard ships included insulation, pipes, boilers, cement, sealers, gaskets, cables, tubes, valves, electrical fixtures, wiring, pumps, decking, paints, non-skid flooring, and in bulk headwalls, ship hulls, mess halls, engine rooms, navigation rooms, and sleeping quarters.
Military personnel most at risk include boilermakers, electrician's mates, enginemen, demolition workers, machinist mates, mechanics, metalsmiths, repairmen, pipefitters, ship fitters, technicians, welders, and civilian contractors.
1 out of 3 veterans will develop an asbestos-related disease in their lifetime.
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