You may need to employ the services of a private investigator to help locate the assets in the event you believe that someone else is hiding assets that they may have an interest in. People can potentially use them to their advantage in a legal case, attach the assets to a judgment or otherwise benefit from the discovery by locating these assets. Today, we at Advanced Private Investigator & Security of Miami, FL would like to offer some insight on legally locating assets.

Divorce & Other Reasons for Hiding Assets

Most commonly involved in family law matters are hidden assets. A spouse may try to conceal assets with the goal of preventing the other spouse from getting a fair share of them in the legal proceedings, in divorce or separation, for instance. Before signing a prenuptial agreement so that their new spouse isn’t aware of them, individuals may hide assets in a similar scenario. Often being the case in child support or spousal support cases, the hidden assets may also be involved in support matters where someone is trying to avoid fulfilling their monetary obligations. Hidden assets can be involved in a bankruptcy filing in an effort to retain some assets after financial ruin in some instances. To avoid having these assets rightfully attached, business partners may try to hide assets or a person who owes a debt to someone else may attempt to hide assets. However, in most cases, it is considered fraud to hide assets.

Common Places Assets are Hidden

Being largely dependent on the tactics of the owner, there is an infinite number of ways that assets can be hidden. It is common for some people to create hidden corporations or LLCs, where others may choose to conceal assets within their business. On the other hand, there are some that will setup offshore bank accounts where they discreetly store these assets. Also, there has been some situations where the hidden assets are in the form of assets that haven’t yet been received. To help them not have to split it with the other spouse, a spouse may try to defer these assets until the divorce proceedings are finished in a divorce.

Locating Assets Legally

To help locate these hidden assets, private investigators have the skills and experience necessary to conduct a full and thorough investigation. To help the court is aware of all relevant details of alleged misconduct involving hidden assets, they can prepare a report and offer testimony in court pertaining to these assets as well.

How to Do an Asset Search?

In order to help locate assets, private investigators have access to tools include public records regarding property filings, databases, tax returns and related documents. By cross referencing names, addresses and other relevant information our professional can gain insight on patterns and potential locations where assets are hidden.

Private Investigator & Security Services in Greater Miami, Sunny Isles, Fort Lauderdale, Boca Raton & Miami Gardens Florida

With Advanced Private Investigator & Security of Miami, FL, you can rely on our expertise to help find potential assets you may be entitled to, call us today to schedule your consultation. We can answer any of your questions and address any of your concerns.