Tom Murphy of R. Thomas Murphy & Associates, P.C. was invited to speak during the luncheon at the 10th annual Senior Fair, which was sponsored by The Village of Laurel Run and Representative Rob Kauffman. Tom spoke to a crowd of approximately 400 of the 1800 seniors who had come... Read More

Something simple that everyone should do is to check and update your beneficiary designations on your life insurance, IRA’s, annuities, and brokerage accounts. Though many people realize the need for good “paperwork” (i.e. Power of Attorney, Will, Trusts, etc.), most forget that some assets are not controlled by a person’s... Read More

We are often asked, “How long should I retain my financial records?” Below is a quick reference for how long documents should be retained: Bank statements – 4 years Capital stock records – permanently Contracts, mortgages, notes, and leases (expired) – 7 years Deeds, mortgages, and bills of sale –... Read More