A PRIVATE INVESTIGATOR’S GUIDE TO ASSET SEARCHES

An asset search is the name of an investigative service or technique. An asset search can be used to protect or secure an individual, organization, or company’s financial health. The purpose of running an asset search is to either confirm current finances, collect a debt, or identify fraud. If you do not know where to start your asset search for a company or an individual, don’t worry. Most people are not familiar with this specific private investigating service, which is why we have put together a PI guide to asset searches.

WHAT DOES A PI FIND IN AN ASSET SEARCH?

When a PI conducts an asset search, they are looking for multiple different things such as;

  • Real estate
  • Income sources
  • Boats
  • Planes
  • Benefits
  • Safe deposit boxes
  • Trust funds
  • Retirement accounts
  • Retirement accounts
  • Bank accounts

Let us discuss some of the very common reasons why an investigator conducts an asset search.

DIVORCE

Typically, when two people separate, they split their joint assets. Those assets can include property, finances, jewelry, art, and more. However, divorces care where a PI has to search for hidden assets is no news. The reason behind involving a private investigator is when one party believes the other is hiding assets. In some states, during a divorce, if you hide assets instead of including them is considered illegal and can be dealt with strict charges.

PERSONAL INJURY CASE

Suppose someone injures you in a car accident that results in severe damages, and you do not have the right insurance coverage. The chief problem here is that insurance coverage is something that you and your family are required to live while you recover. When we talk about cases involving personal injuries, coverage is not enough; a lawyer can recommend an asset search.

For your information, a lawyer is obligated to inform you about running an asset search as an option on the defendant. In case a lawyer does not present this option, then it is considered malpractice.

 

So, if you require a private investigator, Keefe Private Investigations is just the right place for you. We are a professional service provider, and our prime objective is to offload all our clients’ worries and assure that they leave the case on us!