If you or a U.S. veteran you love has mesothelioma, you may be able to file asbestos trust fund claims to seek compensation without going to court. Mesothelioma trust funds currently have an estimated $30 billion available. Our team can help you pursue both asbestos trust fund payouts and VA benefits at the same time. Get started now.
Ready to file your trust fund claim?
Connect with our veterans advocates to start the process now.
What Are Asbestos Trust Funds?
Asbestos trust funds contain money set aside by bankrupt manufacturers of asbestos-based products.
Many asbestos companies filed for bankruptcy to avoid mesothelioma lawsuits. In response, the courts forced these companies to set up trust funds so victims could still get compensation.
More than $30 billion is available in trusts as of 2025. If you or a veteran you love has mesothelioma, you may be able to get a portion of this money by filing trust fund claims.
Key Facts About Asbestos Bankruptcy Trusts
- Asbestos trust funds typically award a total of $300,000 to $400,000
- If you’re a veteran, you can pursue trust fund claims and U.S. Department of Veterans Affairs (VA) benefit claims simultaneously
- Our partner lawyers can file claims with all trust funds you qualify for at no out-of-pocket cost to you
- You may start to get mesothelioma fund payouts in as few as 90 days
When you work with skilled attorneys, it’s incredibly easy to access trust fund compensation. You can file from the comfort of your own home and won’t have to go to court.
The Mesothelioma Veterans Center’s legal partners can help you file asbestos trust fund claims quickly if you’re eligible. Get started right now.
How Much Are Asbestos Trust Fund Payouts Worth?
Mesothelioma patients receive a total of $300,000 to $400,000 on average from all asbestos funds. However, they could get $1 million or more from trust funds and other forms of mesothelioma compensation by working with our team.
Asbestos trust fund payouts vary by case. Each trust has a different amount of money in it, and patients may qualify to file claims with several trusts.
See examples of how much money specific trusts may pay out for mesothelioma below.
Asbestos Trust Fund Payment Percentages
Many asbestos trust funds have payment percentages. These allow the trusts to pay only a fraction of a claim’s full value so there’ll be enough money left over for future claimants.
For example, if a trust pays out $150,000 for mesothelioma but has a payment percentage of 8%, you’d receive $12,000.
Even with payment percentages, you can still receive significant payouts from trusts when you work with an attorney. Mesothelioma lawyers will pursue the highest amount of compensation from as many trust funds as you qualify for.
Asbestos Trust Fund List
Over 60 companies have active mesothelioma trust funds. Explore our mesothelioma trust fund list.
- Armstrong World Industries
- ASARCO LLC
- Babcock & Wilcox Company
- Celotex
- Combustion Engineering
- Congoleum Corporation
- DII Industries, LLC
- Eagle-Picher Industries
- Federal Mogul U.S. T&N Subfund
- Federal Mogul U.S., FMP Subfund
- Kaiser Aluminum
- Johns-Manville
- National Gypsum Company (NGC)
- Owens Corning
- Owens Corning, Fibreboard Subfund
- Pittsburgh Corning Corporation
- Porter Hayden Company
- Quigley Co. Inc.
- Raytech Corporation
- United States Gypsum
- Western Asbestos
- W.R. Grace
- Other
Initial Funding $2.06 billion
Established in 2006
Initial Funding $830 million
Established in 2009
Initial Funding $1.84 billion
Established in 2006
Initial Funding $1.25 billion
Established in 1997
Initial Funding $1.24 billion
Established in 2006
Initial Funding $270 million
Established in 2010
Initial Funding $2.51 billion
Established in 2005
Initial Funding $730 million
Established in 1996
Initial Funding $635 million
Established in 2007
Initial Funding $55 million
Established in 2007
Initial Funding $1.22 billion
Established in 2006
Initial Funding $2.5 billion
Established in 1988
Initial Funding $446 million
Established in 1993
Initial Funding $3.42 billion
Established in 2006
Initial Funding $1.56 billion
Established in 2006
Initial Funding $825 million
Established in 2013
Initial Funding $40 million
Established in 2006
Initial Funding $569 million
Established in 2013
Initial Funding $52 million
Established in 2000
Initial Funding $3.96 billion
Established in 2006
Initial Funding $2 billion
Established in 2004
Initial Funding $3 billion
Established in 2014
You or your loved one may qualify for this asbestos trust fund.
File Your Trust Fund ClaimYou may still be able to file a claim even if you don’t see a specific company in the list of asbestos trust funds above. Get a free case review to find out your eligibility.
Who Can File Asbestos Trust Fund Claims?
You may be able to file trust fund claims if you’re:
- A mesothelioma patient, including U.S. veterans
- The family member or loved one of a patient who has passed away
- Anyone who legally represents a victim’s estate
Veterans with mesothelioma are encouraged to file trust claims even if they’re getting monthly payouts from their VA benefits. Veterans can get trust fund payouts and VA compensation at the same time.
Family members may also qualify to file a trust fund claim even if a veteran has died from mesothelioma.
Finally, those with other asbestos-related diseases like lung cancer or asbestosis could qualify to file trust fund claims, too.
When Should I File an Asbestos Trust Fund Claim?
It’s often in your best interest to file claims for mesothelioma funds as soon as possible.
Each asbestos settlement trust fund has its own time limits on how long you have to file a claim. For most trusts, you only have 2-3 years to file from the date of your mesothelioma diagnosis or a loved one’s death.
The sooner you file, the sooner you may get compensation. Get started right now with our help.
Asbestos Claims Payout Timeline
You may start to receive asbestos trust fund compensation in 90 days or less by working with experienced mesothelioma lawyers, who can handle every step of the process for you.
Learn about the steps to getting asbestos trust fund payouts.
1. Find an Attorney
By working with a mesothelioma lawyer, you can get the help needed to file asbestos trust fund claims. These attorneys can do all of the legwork involved with filing your claims, saving you time and stress.
Get a free case review to find out if you qualify to work with top mesothelioma attorneys and pursue asbestos trust fund compensation.
2. Gather Evidence for a Trust Fund Claim
Once you’ve found a lawyer, they’ll collect information to see which asbestos trust funds you may qualify for.
Your asbestos attorneys will:
- Determine when, where, and how your asbestos exposure occurred
- Find out which companies made the products you were exposed to
- See if these companies have asbestos trust funds
- Collect military/civilian work documents and medical records to build your case
It’s okay if you don’t remember or aren’t sure how you were exposed. Top mesothelioma lawyers have databases of information they can use to determine your exposure based on your military and civilian job history.
3. File a Mesothelioma Trust Fund Claim
After collecting the necessary information, your attorneys will file claims with all mesothelioma trust funds you qualify for. You won’t have to file the claims yourself or spend any time in court.
By filing claims with multiple asbestos trust funds, your mesothelioma attorney may be able to increase the total payout you receive.
4. Go Through the Review Process
You and your legal team must choose to have your claim reviewed in one of two ways by the trust. Your attorney can help you determine which type of review may be best for your case.
Asbestos trust fund claim review options include:
- Expedited Review: The trust processes your claim based on pre-set guidelines, like what type of asbestos disease you have and how severe it is. If your claim meets the guidelines, you’ll get a fixed amount of money.
- Individual Review: The trust takes a more detailed look at your claim to see how much money you may be entitled to. This review process takes longer and may award more or less money than an expedited review.
5. Receive Payment
Once your claim has been reviewed, the asbestos trust fund will liquidate it (distribute the money to you). You can then accept the compensation offered by the asbestos trust fund.
You may start to get your first asbestos trust fund payments in as few as 90 days.
Asbestos Trust Funds vs. Mesothelioma Lawsuits
Though both award compensation, asbestos trust funds and mesothelioma lawsuits have a few significant differences. Trust funds allow you to seek mesothelioma compensation without filing a lawsuit.
| Asbestos Trust Fund Claims | Mesothelioma Lawsuits |
|---|---|
| Filed with trusts set up by bankrupt asbestos companies to avoid lawsuits | Filed against asbestos companies that don’t have bankruptcy trust funds |
| Never go to court | Most cases reach out-of-court settlements, but a small percentage are tried in court |
| Must be filed within deadlines set up by each trust | Must be filed within state deadlines (statutes of limitations) |
| Award $300,000-$400,000 total on average | Award $1 million or more on average |
You may be able to pursue compensation from asbestos trust funds, lawsuit settlements, and VA benefit claims all at the same time. Doing so allows you to get the most amount of money possible.
Get help filing an asbestos trust fund claim right now.
How a Mesothelioma Lawyer Helps With Asbestos Trust Funds
An asbestos lawyer strives to make filing trust fund claims as easy and stress-free as possible, so you can focus on your health and loved ones.
Not only do they walk you through each step in the claims process, but they can also help you navigate laws and rules that could affect how much money you may get.
These include:
- Compensation disclosure laws: When filing an asbestos lawsuit or a trust fund claim, some states may require you to disclose any amount of compensation you received from earlier claims.
- Payment percentages: Your mesothelioma attorney can determine how payment percentages will impact the amount you receive from a claim.
- Setoffs: Some states enforce setoffs, which reduce the amount of money you receive from a lawsuit if you already secured asbestos trust fund compensation.
Call (877) 450-8973 now to see how a lawyer can help you file asbestos trust fund claims and avoid any issues.
How Were Mesothelioma Trust Funds Created?
Asbestos trust funds were created to hold asbestos product manufacturers accountable for the harm they caused. These companies used asbestos, a cancer-causing mineral, to make products for decades despite knowing the deadly risks.
When the dangers of asbestos became publicly known, thousands of victims filed lawsuits against these manufacturers. In turn, many companies filed for protection using Chapter 11 of the U.S. Bankruptcy Code to avoid lawsuits but stay in business.
However, the bankruptcy courts forced these companies to create trusts so mesothelioma victims could still get financial compensation. In total, there’s over $30 billion currently available across these trusts.
Get Help Filing an Asbestos Trust Fund Claim
Asbestos trust funds allow U.S. veterans with mesothelioma to receive financial compensation that can help pay for medical treatment costs and safeguard their families’ futures.
Work with the Mesothelioma Veterans Center for help filing an asbestos trust fund claim now.
Our partner lawyers have:
- Filed thousands of trust fund claims
- Secured over $9.6 billion for veterans and families nationwide
- Retrieved first trust payouts for many patients in 90 days or less
Call (877) 450-8973 now to see if you may be eligible for compensation from trust fund claims. Our veterans advocates and legal partners stand ready to assist you.
Mesothelioma Trust Funds FAQs
How does the asbestos trust fund work?
Asbestos trust funds have money set aside by companies that made, sold, or distributed asbestos-containing products.
If you worked with or around a bankrupt company’s asbestos products and now have mesothelioma, you may qualify to file a claim with its trust.
Many veterans are able to file multiple trust fund claims, depending on how many products they were exposed to while they worked or served in the U.S. military.
How much money is left in the mesothelioma trust fund?
Over $30 billion is currently available across all asbestos trust funds. By filing trust fund claims, you or your loved ones may be able to access some of this money.
Contact our team now to learn if you or a loved one may qualify for asbestos trust fund compensation.
What percentage does the Owens Corning asbestos trust pay?
As of 2025, the Owens Corning/Fibreboard asbestos trust fund has a 4.7% payment percentage rate. Mesothelioma patients typically get between $6,345 and $10,105 per claim.
A skilled mesothelioma attorney can determine how much money you could receive and help you file trust fund claims before any deadlines
What is the average payout for asbestos?
Mesothelioma trust fund awards are worth roughly $300,000 to $400,000 total on average. How much you’ll receive depends on which trusts you qualify for, their payment percentages, and other factors.
When you work with the Mesothelioma Veterans Center, you could possibly get over $1 million total from asbestos trust fund settlements and other legal options.
Call (877) 450-8973 now to find out how much could be available in your case.
Does filing an asbestos trust fund claim prevent me from getting VA benefits?
No. You can file for benefits from the U.S. Department of Veterans Affairs (VA) in addition to filing trust fund claims.
Our partner mesothelioma lawyers can help you pursue trust fund payouts and VA benefits claims at the same time if you qualify.
How many asbestos trust funds are there?
There are over 60 mesothelioma and asbestos cancer trust funds as of 2025. Each trust pays out a different amount depending on factors like which asbestos-related illness you have and the trust’s payment percentages.
You or a loved one may qualify for compensation from multiple trust funds, depending on the asbestos-containing materials you were exposed to.
How long do I have to file an asbestos trust fund claim?
You typically have 2-3 years to file an asbestos trust fund claim. Time starts counting down from the date you were diagnosed with mesothelioma or from when a loved one died from an asbestos-related disease.
Don’t wait: learn if you can pursue compensation from a trust fund claim now with our help. If you wait too long, you could miss your chance to seek compensation.
Are asbestos trust funds taxable?
Payments from asbestos trust funds are not usually subject to taxes. A mesothelioma law firm can help determine if any financial compensation you get for your cancer will be taxed.
