Blakeslee & Blakeslee Corporate Office - San Luis Obispo
299 Madonna Road
San Luis Obispo, CA 93405
805-543-4366 (phone)
805-543-4728 (fax)

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Blakeslee & Blakeslee Branch Office - Paso Robles
544 12th. Street
Paso Robles, CA 93446
805-239-4388 (phone)

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Blakeslee & Blakeslee Branch Office -– Santa Maria
1157 E. Clark Avenue, Suite H
Santa Maria, CA 93455
805-937-6321 (phone)

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Grandparent/Grandchild Exclusion
Did you know it’s possible to pass on $1,000,000 to grandchildren and avoid having to pay estate taxes on the bequest? Most people are aware of the Generation Skipping Trust that the Gallo wine family succeeded in getting written into law allowing $1,000,000 to pass to grandchildren free of estate taxes. People may not be aware of a law that allows up to $1,000,000 of real property to escape reappraisal for property tax purposes if passed to grandchildren. Normally when real estate is transferred to another person the property in question is reappraised and property taxes are adjusted accordingly. California...Read More