How much money do asbestos trust funds currently have?

At the moment, the 60 active asbestos trust funds in the U.S. have over $30 billion available as financial compensation for the victims of occupational and secondary asbestos exposure.

answered by Gary Anderson

Victims of asbestos exposure have been paid over $18 billion by asbestos trust funds

Set up with the purpose of compensating employees injured by workplace asbestos exposure and their families, asbestos trust funds have been operating in the U.S. since 1988, when Johns Manville – the infamous manufacturer of hazardous products – created the first one.

As victims of occupational asbestos exposure are still emerging every year throughout the country, asbestos trust funds are constantly supplied with money so as to provide fair compensation to each claimant. There is a total of approximately $30 billion in the 60 active asbestos trust funds in the U.S. nowadays, whereas $18 billion have already been given to individuals suffering from mesothelioma, lung cancer, asbestosis, as well as numerous other awful diseases, within the past four decades.

As for each individual asbestos trust fund, the following are the ones which currently have the largest amounts of money awaiting victims of asbestos exposure:

If you or a family member held down a job at one of the asbestos companies above, our skillful attorneys will gladly help you recover the financial compensation you deserve via filing a claim with its asbestos trust fund, which requires no litigation and is a relatively fast legal process.

Other related questions

See more questions