It’s Sunday morning, and typically around this time, my husband and I are getting ready to walk down to the farmer’s market in the Village to get our weekly supplies. We would get a our guilty pleasure -a croissant from Tommy and Atticus, and then head over to Antioch to get our fish and fruits. We would come home, have our croissant and coffee while we read our newspaper (yes, we would still receive Sunday paper on actual newsprints). Since January 7th, 2025, this has changed. Our Sundays will be different. But I look forward to the new Sunday routine, once the Palisades is back. What I wanted to let people know today are reaction to some of the issues that I’ve been reading on line.

Standard Plans and property tax - There’s been a lot of chatter about standard plans for the rectangular lots for the rebuilt. I just wanted to caution my fellow neighbors not to jump into something without understand ramifications. From my understanding, both the State and the City’s executive order allows for expediting and grandfathering your former tax basis if you rebuild on the existing footprint, height and bulk. You can can change the material, appearance, and interior layout. However, until the assessors confirm this, standard plans may be an upgrade, and that will trigger reassessing. This is a LINK to an interview with a tax expert on CBS News LA regarding this.

Regarding insurance - Document, document, document. It’s incredible what we had in our homes, all the way down to the aluminum foil. All these can be claim on your insurance. This is a useful excel spreadsheet to get you started. Lastly, I’ll keep updating on what I find out about insurance, but most likely everyone will be on the CA Fair Plan. State Farm has announced that they will renew everyone’s insurance for another year. But what happens after? Here’s an article with the CA insurance commissioner.

That’s all for the day. Happy Sunday.

XO May