Lost Assets Client

What are “Lost” Assets?

The term “lost assets” describes those which cannot be found in the financial records of an individual or organization. When people relocate, change employment, or open up an account for someone else, they may lose or forget their assets, for example. In the US alone there are billions of dollars of lost assets also known as Unclaimed Property. 

Similarly, when there is a death and there is no documentation of the investment made in one’s belongings, assets may potentially be “lost”. Although ownership of these assets cannot be contested, steps must be taken to guarantee the records administrator has the most recent information.  Probate courts and Unclaimed Property could hold these assets. 

Lauth Investigations and their team strive to  locate the rightful owner of the asset and return to the owner and heirs by conducting complex Genealogy research and connecting owners of the asset.

The Role of Genealogy In Recovering Lost Assets

Sifting through family ancestry to confirm legitimate heirs and beneficiaries is paramount in the recovery of lost assets. Genealogical research — specifically — aids in identifying legitimate descendants who are entitled to receive unclaimed assets due to ambiguous ownership or missing records. 

Expert genealogists make connections between current and former family members through official documents such as birth and death certificates, and via historical data. In being reunited with lost money, families are often rewarded a sense of closure. This process guarantees that unclaimed estates, financial assets, and/or property are returned to their rightful owners, which can sometimes span generations.

How Lauth Assists With Lost Assets

Lauth Investigations helps heirs with their unrecovered assets in the following ways:

Finding and directing heirs to the correct legal procedures to claim their unrecovered assets

Preparing the necessary documentation to register and advocate on behalf of the claimant for asset recovery

Offering support to our claimants in their efforts to recover unrecovered assets

Providing professional referrals for legal representation

Using a Licensed Private Investigator for Worldwide Lost Asset Recovery

Often, businesses or holders of unrecovered assets hire firms, commonly referred to as heir finders, to identify the rightful owners of missing assets. Before a corporate entity is required by law to return the unrecovered assets, Asset finders may reach out to inform individuals they could potentially be the rightful owner or heir. For consumer protection, most holders of unrecovered assets mandate that Asset finders operate as licensed private investigators. The majority of US states require “finders” to be licensed private investigators in their state.

Advantages of Partnering with a Private Investigation Firm To Recover Lost Assets

Private investigators assist individuals in recovering assets they may not have realized existed. When considering representation for the return of unrecovered assets, it's advantageous to collaborate with professionals who understand the laws governing the location of those assets. These specialists are well-versed in the necessary forms, identification requirements, probate laws, court properties, co-claimants and joint claims, beneficiaries, unredacted wills, death certificates, judicial authority, and what is needed to claim personal and business assets. Engaging a professional guarantees that you receive all the unrecovered assets you are entitled to and that your claim is processed efficiently.

Heir Tracing – A Complex Matter of Facts

It is common for the assets of a deceased individual to go unrecognized. Heirs may not even realize there is a potential inheritance awaiting recovery. Typically required by trust and estate officials or attorneys, searches for heirs can be intricate. Potential heirs must present necessary legal documentation to verify and establish their identity and relationship to a living or deceased family member. Heir searches may also be conducted for guardians, executors, private fiduciaries, conservators, and trustees. Heir searches can take as little as a day or can become quite complicated, requiring extensive research through the Internet, courthouses, libraries, census records, and documentation for births, adoptions, deaths, marriages, or divorces. Investigators function not only as researchers but also as genealogists.

Contact Lauth Investigations International For a Partner in Lost Asset Recovery