Get Morganized: Recovering After a Fire 🔥
Gratefully, none of our California clients have been directly impacted by the recent fires. Our hope is that this holds true for them and their loved ones. However, this guide is here to share with anyone in Los Angeles County who has been affected.
Recovering from a fire can be an overwhelming and gradual process. These steps are designed to help guide recovery, ensure safety, and support the journey to rebuilding your home and life.
Immediate Steps to Take 🚨
- Contact Disaster Relief Services:
Reach out to organizations like The Red Cross for temporary housing, food, and medicine. - Ensure Your Home is Safe 🏠:
Before entering your home, check with the fire department to confirm it’s safe. Do not reconnect utilities yourself—let professionals handle it. - Document and Inventory 📋:
Create an inventory of damaged items before discarding anything. This documentation is critical for insurance claims. - Save All Receipts 💳:
Track every expense related to the fire. These receipts may be needed for insurance or tax claims. - Notify Your Mortgage Company 🏦:
Inform them of the situation to discuss any financial arrangements needed.
Recovering from Disaster 💪
- Physical and Emotional Safety First:
Returning home after a disaster can be physically and emotionally challenging. Administer first aid, seek medical attention if necessary, and monitor everyone’s well-being. - Safety Checks Inside and Out ⚠️:
Inspect your property for hazards like gas leaks, contaminated water, or structural damage. If in doubt, consult a professional building inspector or structural engineer. - Stay Updated 📻:
Use a battery-powered radio or trusted online resources like Ready.gov for emergency updates and guidance.
Property Tax Relief for California Residents 💵
If your Los Angeles home was destroyed in the fires, you may qualify for property tax benefits. Here’s what you need to know:
- Immediate Tax Reduction:
California allows reassessment of your property’s value based on the damage. To qualify, file a claim with the Los Angeles County Assessor’s Office within 12 months.
➡️ LA County Assessor’s Office - Transferring Your Tax Base:
Under Proposition 19, you can transfer the tax base of your damaged property to a new home purchased or constructed within two years.
➡️ California State Board of Equalization
Action Plan 📝
- File for Reassessment: Submit Form ADS-820 to adjust your property’s value.
- Apply for Base Year Value Transfer: Maintain your old property’s tax base on a new home within two years.
Resources 🌐
Taking these steps and accessing available resources can ease the recovery process.
Stay organized, and remember—you’re not alone. 💙
