What is an Asset Search?

When clients come to me for an asset search, the reasons can vary widely. However, one of the most common reasons is to uncover hidden assets in cases of divorce. People are often surprised to learn that asset searches aren’t just about finding property and bank accounts — they can reveal a lot about a person’s financial habits and intentions.

When to Do an Asset Search

1. Divorce Settlements

The most common reason I get called for an asset search is divorce. Many spouses believe their partner may be hiding assets in order to avoid splitting them during the divorce. This is especially common in high-net-worth divorces, where one party might try to conceal large sums of money or valuable property.

2. Business Disputes

Another reason for asset searches is business disputes. If someone is planning to sue another party, they may want to know if the defendant has the financial resources to settle a claim. In some cases, I’m hired by an attorney who needs to find out if the person they plan to sue has hidden assets or is attempting to avoid financial responsibility.

3. Estate Planning

Estate planning is another scenario where asset searches are crucial. Family members sometimes hire investigators to find out if a loved one has hidden assets that should be accounted for in the estate distribution process. This can be especially relevant in cases where a family member suspects that another party has been taking advantage of the deceased person’s finances.

4. Financial Transparency

Some clients just want peace of mind about their partner’s finances. They may suspect that their partner has secret bank accounts or properties but want to confirm their suspicions without going to court. In these cases, an asset search can provide clarity and transparency about their spouse’s financial situation.

Asset searches can uncover bank accounts, brokerage accounts, real estate, vehicles, and even offshore assets that someone might be trying to hide. The key is thoroughness. Whether it’s for a divorce, business dispute, or estate plan, finding hidden assets can be an eye-opening process for many clients.

If you are looking for an experienced asset search company in NYC, contact American Eagle Investigation today for an initial consultation.