🚨Attention Mesothelioma Victims🚨
Have you been diagnosed with mesothelioma due to asbestos exposure? Did you receive a payout from the company responsible for exposing you to this dangerous substance? If so, you still might be eligible for additional compensation through mesothelioma funds. Keep reading to find out more.
What are Mesothelioma Funds?
Mesothelioma funds are established to help victims of mesothelioma compensate for damages suffered due to asbestos exposure. These funds are typically set up by companies that have been found liable for exposing their workers to asbestos or by government agencies. They operate independently from the company’s compensation and assistance program.
Can You Receive Funds if You Received a Payout from the Company?
Yes! Even if you received a payout from the company responsible for your mesothelioma diagnosis, you may still be eligible for funds from mesothelioma trust funds. These funds are available to help compensate for medical expenses, lost wages, and other costs associated with mesothelioma treatment.
How Do You Apply for Mesothelioma Funds?
The application process for mesothelioma funds can be complex and time-consuming. You will need to provide detailed information about your medical history, asbestos exposure, and financial situation. Hiring an experienced mesothelioma attorney can help you navigate the application process and increase your chances of receiving compensation.
Does Every Company Have a Mesothelioma Fund?
No, not every company has a mesothelioma fund. However, many companies that have been found liable for exposing their workers to asbestos have established these funds to compensate mesothelioma victims. You can find out if the company you worked for has a mesothelioma fund by contacting a mesothelioma attorney or searching online.
How Much Can You Receive from Mesothelioma Funds?
The amount of compensation available from mesothelioma funds varies widely depending on the fund’s size and the number of claims submitted. However, some mesothelioma victims have received millions of dollars in compensation from these funds. The exact amount you may be entitled to will depend on your individual case, so it’s important to consult with an attorney to determine your eligibility.
What Happens If You Die Before Receiving Compensation?
If you pass away before receiving compensation from mesothelioma funds, your family may still be eligible to receive compensation on your behalf. The exact eligibility requirements vary between funds, so it’s important to speak with an attorney to determine what options are available to your family.
Are Funds Taxable?
No, funds received from mesothelioma trust funds are typically not taxable. Because these funds are designed to compensate for damages and losses, they are not considered income by the IRS. However, the interest earned on these funds may be taxable.
Table: Mesothelioma Funds Available Even if You Received Payout from Company
| Fund Name | Date Established | Amount Available |
|---|---|---|
| Mesothelioma Cancer Alliance | 2000 | $30 million |
| Asbestos Injury Trust Fund | 2010 | $1.2 billion |
| Johns Manville Bankruptcy Trust | 1988 | $2.5 billion |
| United States Gypsum Asbestos Personal Injury Trust | 2006 | $3.9 billion |
FAQs: Mesothelioma Funds Available Even if You Received Payout from Company
1. What is the difference between mesothelioma funds and compensation from the company?
Mesothelioma funds are established by companies that have been found liable for exposing their workers to asbestos to provide additional compensation to mesothelioma victims. These funds operate independently from the company’s compensation program.
2. How long does it take to receive compensation from mesothelioma funds?
The time it takes to receive compensation from mesothelioma funds can vary widely depending on the fund’s size, the number of claims submitted, and other factors. In general, it can take several months to a year or more to receive compensation.
3. What is the eligibility criteria for mesothelioma funds?
The eligibility criteria for mesothelioma funds vary between funds, but in general, you must have been diagnosed with mesothelioma due to asbestos exposure, and have a documented history of exposure to asbestos.
4. Can you apply for mesothelioma funds without the help of an attorney?
Yes, you can apply for mesothelioma funds without an attorney, but it is not recommended. The application process can be complex and time-consuming, and having an experienced attorney on your side can increase your chances of receiving compensation.
5. Are mesothelioma funds available for family members of victims?
Yes, some mesothelioma funds provide compensation for family members of victims who have passed away due to mesothelioma. The eligibility criteria for these funds may differ from those for mesothelioma victims.
6. Is there a time limit for applying for mesothelioma funds?
Yes, there is typically a time limit for applying for mesothelioma funds. The exact time limit varies between funds, so it’s important to speak with an attorney to determine your eligibility and the application deadline.
7. Do you need to have worked with the company that established the mesothelioma fund to be eligible for compensation?
No, you do not need to have worked with the company that established the mesothelioma fund to be eligible for compensation. If you have been diagnosed with mesothelioma due to asbestos exposure, you may be eligible for compensation from any mesothelioma fund that you meet the eligibility criteria.
8. What is the criteria for determining the amount of compensation from mesothelioma funds?
The criteria for determining the amount of compensation from mesothelioma funds varies between funds, but in general, it is based on factors such as the severity of your illness, the costs associated with your treatment, and the fund’s size and available resources.
9. Can you receive compensation from multiple mesothelioma funds?
Yes, it is possible to receive compensation from multiple mesothelioma funds if you meet the eligibility criteria for each fund. However, the total amount of compensation you receive will depend on the individual policies of each fund.
10. Are mesothelioma funds available in every state?
Yes, mesothelioma funds are available in every state. However, the eligibility criteria for each fund may differ from state to state, so it’s important to consult with an attorney to determine your options.
11. Can you receive compensation from mesothelioma funds if you have already received compensation from a lawsuit?
Yes, you may still be eligible for compensation from mesothelioma funds even if you have already received compensation from a lawsuit. However, you may need to provide documentation of your lawsuit settlement and any other compensation you have received.
12. Can you receive compensation from mesothelioma funds if you were exposed to asbestos outside of the workplace?
Yes, you may still be eligible for compensation from mesothelioma funds if you were exposed to asbestos outside of the workplace. However, you will need to provide documentation of your exposure and medical diagnosis.
13. What is the average payout from mesothelioma funds?
The average payout from mesothelioma funds varies widely depending on the fund’s size and the number of claims submitted. However, some mesothelioma victims have received millions of dollars in compensation from these funds.
Conclusion
If you or a loved one have been diagnosed with mesothelioma due to asbestos exposure, it’s important to know that you may be eligible for additional compensation through mesothelioma funds. Even if you have already received a payout from the company responsible for your exposure, you still may be entitled to funds to help offset the costs associated with mesothelioma treatment.
To increase your chances of receiving compensation, it’s important to hire an experienced mesothelioma attorney to help you navigate the application process. With their help, you can determine your eligibility for mesothelioma funds and get the compensation you deserve.
Disclaimer
This article is for informational purposes only and is not intended to provide legal advice. The information contained herein is based on current laws and regulations that are subject to change. Always consult with a licensed attorney for legal advice related to your individual case.
