The Complexity of California Hidden Assets Investigations
In California, hidden assets investigations may prove particularly daunting for an inexperienced L.A. private investigator. For one thing, our state has some of the most extensive privacy laws in the country, and if a Los Angeles private detective agency lacks the knowledge and experience to effectively navigate them, it may be their clients who pay the highest price. Every year, both individuals and organizations choose to conceal their assets, whether from family members, potential business partners, or competitors, etc. California private investigators find that this may result from a desire to avoid paying debts or court-ordered disbursements. On the other hand, corporate hidden finance cases often involve an organization misrepresenting its net worth to jockey for a more favorable position in a partnership or collaboration. No matter the motive, attempting to conceal assets from another person or organization is immoral and almost always illegal. A Los Angeles private detective can uncover the truth about a person’s or corporation’s actual finances and property and report back to our clients who can, then, make the best decision for themselves, their families, or their companies.
Hidden Assets Among Individuals and Families
Cases of hidden assets are more common than one might think and can range from traditional financial interests such as bank accounts and stocks to tangible assets like real estate, vehicles, collectibles, and luxury goods. Some motives for individuals include avoiding debt payments, alimony, or child support. During divorce proceedings, for example, an unscrupulous person might try to misrepresent their financial situation to receive a court judgment more favorable to them. Concealing assets may also come up from people or corporations facing lawsuits or bankruptcy to avoid paying debts or damages. In the business world, a dishonest person or management team could decide to misrepresent their organization’s net worth if they believe it will reduce the risk to their bottom line. Or, they might be looking to convince a partner or collaborating firm to take on more of the financial risk as part of a merger or other mutual venture. While some people trying to hide assets may believe they’re justified in what they’re doing, dishonesty in personal, professional, or legal dealings is never okay! If you believe you may be on the receiving end of such dishonesty, there’s no reason to stand for it.
When individuals conceal assets, it’s usually for the purpose of avoiding payments of one kind or another. During family law disputes, such as contentious divorces, one spouse may try to paint a more modest picture of their financial situation to reduce the amount of alimony or child support they will owe to their ex. Of course, assets can also include real estate and luxury vehicles right down to jewelry and rare collectibles, and a person concealing their ownership of this sort of property may be doing so if they believe they’ll otherwise be legally compelled to sell it to pay off debts. Allegations of hidden assets also come up during estate planning and the execution of wills. While there’s no right or legal reason for someone to misrepresent their finances or their ownership of property, thousands try, every year.
Corporate Hidden Assets Investigations
The same can be said for businesses and organizations of all sizes. California private investigators see many cases where a company believed that high share prices and happy stockholders were the most important thing. Sometimes business owners or management teams decide to sacrifice honest dealings in exchange for a rising share prices or to minimize risk to their bottom line. This almost always means that someone else, a partner or collaborating firm, could be taking on more than their fair share of losses or risk. This is especially crucial in high-stakes deals like mergers and acquisitions. Before bringing in a key business partner or collaborating with another company on a joint venture, hiring a Los Angeles detective to conduct a hidden assets investigation could make the difference between a smooth and profitable transaction and having to close the doors on your business forever.
If you have reason to believe that a person or company is hiding assets from you, the value of hiring a licensed and experienced private detective cannot be overstated. In southern California, a Los Angeles County investigator can work to uncover hidden assets, whether the subject of the investigation is a single person or a large corporation. Kinsey Investigations has more than 20 years’ experience to offer our clients. We know, not only the most creative investigative strategies, but also how to apply them successfully while navigating California’s complex privacy laws. Trust Kinsey Investigations’ experience, discretion, and proven track record in turning up hidden assets and uncovering the truth for our clients.
