What’s an Asbestos Trust, and How Could It Affect My Case?

The U.S. House of Representatives passed a bill this month that could reduce the number of fraudulent asbestos exposure lawsuits, safeguarding funds so only real victims can benefit. If you’re pursuing a case against an employer or company for exposing you to this dangerous industrial mineral, New York asbestos attorney Joseph P. Williams and his team can help you get the compensation you deserve.

Companies establish asbestos trusts to compensate employees who have been diagnosed with conditions tied to asbestos exposure, such as mesothelioma. If the company you name in your case has one of these trust funds set up, your New York asbestos attorney will help you collect the information you need to substantiate your claim, such as: 

• Details about your medical history, specifically diagnosis of conditions tied to asbestos
• Treatment you’ve undergone for asbestos-linked conditions
• Employment history establishing that you worked for the company named in your case and your job exposed you to asbestos

You can still pursue a case against a company whether it’s operational or not. Companies create asbestos trusts for past, present and future victims of mesothelioma and other asbestos-linked conditions, meaning you and your family can seek compensation even if your former employer has closed, merged with another corporation or gone bankrupt.