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Tag: Amounts Awarded From the Mesothelioma Trust Funds info

Amounts Awarded From the Mesothelioma Trust Funds
Personal Injury Law

Amounts Awarded From the Mesothelioma Trust Funds

The mesothelioma trust fund is a source of compensation for those diagnosed with asbestos-related diseases. The funds pay a percentage of awarded amounts. While few trusts pay the full award amount, others pay a fraction of it. Payment percentages can be as low as 25 percent, but they may increase if there are less future claimants than expected. Read on to find out more about these trusts and how they handle claims. Payment percentage of mesothelioma trust fund claims The amount of money that mesothelioma trust funds pay out to mesothelioma victims depends on which trusts the claimant files a claim against and the severity of their injuries. Payment percentages vary from trust to trust, but the general rule is that the claimant will receive a percentage of the amount that is eligib...