Mesothelioma is a rare and aggressive cancer caused primarily by prolonged exposure to asbestos. It often takes decades to develop, making early detection challenging. Unfortunately, many individuals were exposed to asbestos in workplaces such as construction sites, shipyards, and manufacturing plants—often without knowing the health risks. To provide financial relief for victims and their families,

Mesothelioma Compensation Funds—also known as asbestos trust funds—were established.

What Are Mesothelioma Compensation Funds?

These funds were created by companies that manufactured or used asbestos products and later filed for bankruptcy due to lawsuits related to asbestos exposure. As part of their bankruptcy proceedings, these companies were required to set aside money to compensate current and future victims.

Today, there are more than 60 active asbestos trust funds, collectively holding billions of dollars.

• Funds operate independently and have unique claim processes


• Available to both living patients and families of deceased victims


• Faster and more efficient than traditional lawsuits

Who Qualifies for Compensation?

To qualify for compensation from a mesothelioma fund, individuals typically need:

• A confirmed diagnosis of mesothelioma or another asbestos-related illness


• Proof of exposure to asbestos from a company with a trust fund


• Documentation such as medical records, employment history, or witness statements

Claims may also be filed by family members of deceased victims. Each trust fund has its own guidelines. Consult with a qualified attorney, such as those listed on Nolo’s Mesothelioma Lawyer Directory, for assistance.

How Much Compensation Can You Receive?

Compensation varies based on:

• Severity of illness


• Duration and intensity of exposure


• Trust fund payment percentages

For example, if a claim is worth $100,000 and the trust pays at 25%, the payout would be $25,000. However, many victims file with multiple trusts, increasing total compensation. Use tools like Mesothelioma Hope’s Compensation Estimator to get an idea of potential amounts.

The Importance of Legal Help

Navigating multiple trust fund claims can be complicated. Each has different:

• Deadlines and filing requirements


• Claim forms and medical documentation standards


• Payment schedules

Hiring an experienced asbestos attorney—such as those found on Forbes' Best Mesothelioma Lawyers—can increase your chances of a successful claim and ensure all eligible funds are pursued.

Conclusion

Mesothelioma Compensation Funds offer critical financial assistance to victims and their families. While no compensation can erase the hardship caused by mesothelioma, these funds can ease the burden of treatment costs, lost income, and emotional distress. If you or a loved one has been diagnosed, take action by exploring your legal rights and starting the claims process with guidance from a trusted legal professional.

For more help, visit American Cancer Society’s Mesothelioma Page or the EPA Asbestos Information Center.