Retirement transition
Turning what you have saved into income, with Social Security, taxes, Medicare, and timing decided together, including the Virginia-versus-Tennessee question when it applies.
Washington County, VA · VA
Financial Advisor in Abingdon, VA
Abingdon is up US-11 from Bristol, on the Virginia side of the line, and that is the side David Talley grew up on. He knows this end of the state the way you only can from growing up in it. The planning stands on the actual numbers and decisions in front of you.
Who we help
Who this is for
Washington County, Virginia families close to retirement, small-business owners thinking a few years out, and working households who want the whole picture in one plan, including the honest Virginia-versus-Tennessee tax question when it applies.
The situations we know well
- You have handled things well on your own. The decisions are just getting bigger, and it helps to talk them through with someone who grew up on this side of the line and knows both states' rules.
- Washington County, Virginia households where the decisions are getting bigger: people close to retirement who want to know whether the Virginia income tax is worth planning around, small-business and Main Street owners thinking a few years out, and working families who want retirement, taxes, and investments looked at together instead of one piece at a time.
Rooted here
David Talley grew up on the Virginia side of the line, in Bristol, about fifteen minutes down US-11 from Abingdon, and as an Enrolled Agent he prepares Virginia returns for Southwest Virginia families.
If retirement or the business is the bigger question, the pages below go deeper on each.
Why people reach out
It usually starts with one decision.
Around Abingdon, the first call usually has a specific question behind it: when to retire, what to do about the Virginia income tax, how to handle a small business, or an estate plan that never quite got finished.
Growing up on the Virginia side means we get to the real issue faster, including the honest question of whether retiring across the line in Tennessee is worth it for you. The plan itself still has to stand on your income, your taxes, your investments, and what you actually want the next stretch to look like.
Local, and it is real
David Talley grew up in Bristol, on the Virginia side of the line about fifteen minutes down US-11, and as an Enrolled Agent he prepares Virginia returns for Southwest Virginia families. If it matters to you that your advisor actually knows this side of the line, it should.
Read public reviewsSmall business and family
Thinking through a small business, succession, or an inheritance so the next generation is handled without guesswork.
Whole picture
Retirement, taxes, investments, and estate details looked at together instead of one piece at a time.
Decision depth
What working together looks like
No pressure and no pitch. A conversation about where things stand, and whether it is worth going deeper.
Everything in one place
Retirement, taxes, investments, and estate details reviewed together, not piecemeal.
Both sides of the line
Because David grew up on the Virginia side and prepares returns in both states, the Virginia-versus-Tennessee tax question gets an honest answer, not a sales pitch.
Plain answers
You will hear what we would do and why, in regular English. If something does not make sense, that is on us to explain better.
What we coordinate
Use the local page to find the planning work that fits.
- Virginia state income tax planning and optimization
- Cross-state planning for VA residents working in TN
- Retirement planning for healthcare and regional company employees
- Investment management with a fiduciary standard
- Business planning for Abingdon and Washington County VA entrepreneurs
- Estate planning across state lines
Representative situation
An Abingdon Executive Weighing a Cross-State Move
Situation
An executive at a company headquartered in Abingdon, VA is considering relocating to Kingsport, TN to eliminate Virginia state income tax. They own a home in Abingdon, have stock compensation from their employer, and their spouse works part-time for a Virginia-based nonprofit. They want to understand the full financial impact before making a decision.
Approach
We might model their current Virginia tax burden against a Tennessee scenario, factoring in the spouse's continued Virginia income, capital gains from selling the Abingdon home, and any changes to their property tax. We'd also evaluate the timing of stock compensation events relative to a potential move and coordinate with a real estate professional to understand the housing market dynamics in both locations.
This representative situation is hypothetical and for educational purposes only. It is not based on, and should not be understood as referencing, any specific client or client experience.
Local proof
Where we are
Talley Wealth is based in Johnson City and works with families across the Tri-Cities, in person and virtually.
- Office: 203 Broyles Drive, Suite 301, Johnson City, TN 37601.
- Serving Johnson City, Kingsport, Bristol, and nearby communities.
- Reviews mentioned on this site are public Google reviews, not a promise of results.
Related next steps
Choose the page that fits the question.
Who we help
Start with the situation that sounds most like your life right now.
Learn morePre-retirees
For households approaching the retirement transition.
Learn moreBusiness owners
For owners whose taxes and planning need to catch up to the business.
Learn moreBristol financial advisor
For Bristol families on either side of the state line, where the TN and VA question comes up.
Learn moreKingsport financial advisor
For Kingsport households built around long careers and major-employer benefits.
Learn moreJohnson City financial advisor
The home-market page for Johnson City families, professionals, and business owners.
Learn moreSouthwest Virginia financial advisor
Planning across the Virginia counties north and west of Bristol.
Learn moreCommon questions
Local questions worth asking before you choose an advisor.
Can a Tennessee-based advisor help me with Virginia taxes?
Yes. As an Enrolled Agent, David Talley is federally authorized to prepare tax returns and represent taxpayers in any state. We regularly prepare Virginia returns for our Southwest Virginia clients and understand the nuances of VA tax law.
I work at a corporate headquarters in Abingdon. Can you help with my benefits?
Absolutely. We work with corporate-headquarters employees on retirement plan optimization, stock purchase plans, and tax planning. Whether you're in management or on the corporate team, we can help coordinate your benefits with your personal financial plan.
Would I save money by moving from Abingdon to Tennessee?
It depends on your specific income, property situation, and goals. Virginia's income tax can be significant for higher earners, but moving costs, property tax differences, and lifestyle factors all matter. We can model the actual numbers for your situation so you're making a data-driven decision.
Do you offer virtual meetings for Abingdon clients?
Yes. While many Abingdon clients visit our office for annual reviews, we conduct most check-ins and planning sessions virtually. Geography shouldn't be a barrier to good financial planning.
Start with the real decisions in Abingdon.
Bring the question that is on your mind. We will use the call to see whether the full Keystone process is useful.