Mesothelioma Compensation For Family Members

Mesothelioma Compensation For Family Members

How to File a Mesothelioma Claim on Behalf of a Deceased Loved One:

The average mesothelioma compensation ranges between $1 million and $20.7 million, including both settlements and trial verdicts. This financial support assists patients and their families with medical expenses, lost income, and other costs. If a mesothelioma cancer case goes to trial, the parties may settle, or a jury could decide the compensation amount after determining the defendant’s liability for the asbestos exposure. However, most cases settle before reaching trial.

Mesothelioma patients and family members who have lost a loved one to the disease are eligible for compensation. Family members, representing part of the deceased’s estate, can file a wrongful death lawsuit after their loved one’s passing. They may also file a claim with a mesothelioma trust fund.

An experienced asbestos attorney will assess the likelihood of success in your case, as well as the statute of limitations or time limit for filing a claim. They will also recommend the most appropriate claim to pursue based on your case’s specifics. In some situations, surviving family members may be eligible for compensation through multiple legal avenues.

Providing evidence of asbestos exposure and the mesothelioma diagnosis shows your eligibility for compensation. This is true whether filing an asbestos claim as a mesothelioma survivor or as a relative of a loved one.

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What Is The Average Mesothelioma Compensation For Family Members

For mesothelioma compensation, the average settlement for family members ranges from $1 million to $2 million, while the average trial verdict in asbestos lawsuits is $20.7 million. This data comes from the 2024 Mealey’s Litigation Report. Compensation amounts for mesothelioma cases vary depending on the circumstances.

Research indicates that between 2021 and 2022, the average mesothelioma trial verdict was $10.6 million. However, between 2018 and 2020, the average dramatically increased to $53 million, largely due to an exceptional multibillion-dollar talc verdict against Johnson & Johnson that skewed the figures.

Types Of Mesothelioma Compensation For Family Members

The three main types of mesothelioma compensation are asbestos trust funds, trial verdicts, and settlements. Asbestos trust fund claims are more common than lawsuits, as many asbestos companies have declared bankruptcy. However, this does not mean these companies are free from liability. Below are the types of mesothelioma compensation for family members:

• Asbestos Trust Funds:

Some individuals develop mesothelioma due to exposure to an asbestos product made by a now-bankrupt company. In such cases, the legal claim may be processed through the company’s trust fund instead of the court system. Over $30 billion is available in asbestos trust funds to help those affected by mesothelioma or other asbestos-related diseases.

Asbestos trust fund claims are generally processed more quickly than mesothelioma lawsuits since they don’t need to go through the court system. Claimants usually receive compensation within a few months.

• Mesothelioma Lawsuits:

Mesothelioma personal injury lawsuits are often the most effective type of claim to file. If a person dies from mesothelioma, surviving family members can file a wrongful death claim, usually representing the estate. Asbestos lawsuit verdicts tend to offer the highest compensation, with the average trial verdict reaching $20.7 million.

If the defendants refuse to settle and the case goes to trial, a court or jury will determine the outcome. Mealey’s reported on 19 asbestos jury verdicts in 2023. If the defendant is found liable, the trial verdict will include monetary compensation. A mesothelioma attorney can guide you through the process and manage all legal aspects of the case.

• Mesothelioma Settlements:

A settlement occurs when a defendant agrees to pay a plaintiff to dismiss the lawsuit. Many mesothelioma lawsuits are settled before reaching trial. Several factors influence whether your lawsuit will settle, with the average settlement amount ranging from $1 million to $2 million.

Some defendants choose to settle to avoid the higher costs of ongoing legal fees, while others may prefer to risk a trial, as they can negotiate an asbestos settlement at any time. A qualified asbestos law firm will negotiate settlements on your behalf and guide you on whether to accept the compensation or proceed to trial.

Which Family Member Is Eligible For Mesothelioma Compensation

Mesothelioma patients and family members who have lost a loved one to the disease are eligible for compensation. Family members, representing part of the deceased’s estate, can file a wrongful death lawsuit after their loved one passes. They may also file a claim with a mesothelioma trust fund.

An experienced asbestos attorney will assess the potential success of your case, as well as the statute of limitations for filing a claim. They will also recommend the best type of claim to file based on the specifics of your situation. In some cases, surviving family members may qualify for compensation through multiple legal avenues.

Providing evidence of asbestos exposure and a mesothelioma diagnosis is essential to demonstrating eligibility for compensation, whether filing as a mesothelioma survivor or as a relative of a deceased loved one.

How To File Mesothelioma Compensation For Family Members

Follow the below process carefully to file for mesothelioma compensation for a family member:

Get an Attorney:

• Consult with an asbestos law firm to understand your potential compensation and the statute of limitations.
• They will help determine the best approach for you and your family.

Discovery Period:

• Your attorney will gather the facts about your asbestos exposure, focusing on the locations and products responsible for it.

Weigh Your Options:

• Consider all available compensation options.
• Your attorney will assess your eligibility for trust funds and lawsuits.

Accept or Reject Settlement Offers:

• If you file a lawsuit, you may receive settlement offers.
• Your attorney will advise you on whether to accept a settlement or proceed to trial.

Contact Details of Mesothelioma Asbestos

• 1 S. Orange Ave., Suite 301,
• Orlando, FL 32801
• (833) 548-1186)

Mesothelioma compensation can provide crucial financial relief for family members who have lost a loved one to the disease. Whether through a wrongful death lawsuit or an asbestos trust fund claim, surviving family members have several options for securing compensation. Working with an experienced mesothelioma attorney is essential to navigate the complex legal process, ensure all necessary evidence is gathered, and determine the best course of action. Visit this SITE for more

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