EverHome FAQ
🔐 Why The Nonprofit
Structure Matters
Traditional ownership structures trigger:
Probate & Estate Tax
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When a homeowner passes, the property enters probate — a legal process that delays transfer for 6–24 months and can cost 3%–7% of the estate.
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Legal disputes can drain even more family wealth.
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Federal and state estate taxes may apply, especially as rising home values push families into taxable brackets.
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These taxes reduce how much wealth is passed down, sometimes forcing a sale just to cover the costs.
Property tax increases
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As home values rise, property taxes often increase annually.
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Many states use reassessment laws that automatically raise taxes upon inheritance or title transfer.
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In some states, property taxes double or triple after death due to reassessment.
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Heirs may be unable to afford the new property tax burden, forcing the sale of the home.
Risk of Losing the Home Entirely
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If heirs cannot afford tax obligations, repairs, or maintenance costs, they may be forced to sell.
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Government liens or tax defaults can trigger foreclosure, even if the home is debt-free.
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What began as a family asset can become an unplanned liquidation.
Inheritance disputes
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Multiple heirs often means multiple opinions:
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Who lives in the home?
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Who manages the home?
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Should it be sold or kept?
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Family conflict over ownership, costs, or responsibility often leads to forced sales, lawsuits, or fractured relationships.
How EverHome’s 501(c)(3) Structure Prevents These Threats
Under the non-profit ownership structure:
Elimination of Property Taxes
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No property tax reassessment applies upon transfer or inheritance because legal ownership remains under nonprofit protection.
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This removes one of the largest ongoing financial threats to long-termhomeownership.
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EverHome’s nonprofit status activates full property tax exemption under federal and state nonprofit law.
Preserved Family Control
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Families maintain full control through their appointed Portfolio Usage Council.
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Council members (you, your children, grandchildren, trusted advisors) make decisions about who lives in the home, how it is used, and what happens to it in the future.
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This structure eliminates inheritance conflicts tied to ownership because control flows through usage rights rather than fractional title ownership.
Elimination of Forced Estate Sales
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No state or county can force the sale of the property for tax recovery.
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Family members never face situations where they’re "forced to sell or lose the home" due to state or county claims.
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The property remains legally preserved inside the Preservation Portfolio indefinitely.
IRS-Protected Nonprofit Oversight
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The IRS nonprofit framework requires strict compliance that prevents misuse or private inurement.
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Because EverHome’s nonprofit mission is centered on housing preservation for families, both the family and the nonprofit are legally protected under this shared mission.
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The structure is intentionally designed to avoid triggering gift taxes, estate taxes, or capital gains transfers that happen in private ownership models.
🔎 The EverHome Preservation Structure
Unlike traditional trusts, EverHome’s nonprofit model provides homeowners with something almost impossible to access through private means:
✅ Full federal 501(c)3 nonprofit protections
✅ Permanent property tax exemption, Zero risk of tax foreclosure or liens
✅ Long-term family control over who lives in the home,
Elimination of future estate costs tied to the property
✅ Simplicity, without expensive attorneys or complicated planning
EverHome: A Better Way to Protect Your Home and Your Family's Future
Every year, property taxes rise while incomes remain flat. For many families, especially seniors, property tax bills become one of the largest financial burdens, forcing hard decisions:
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Do we downsize to avoid taxes?
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Can we afford to leave the home to our children?
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Will our children even be able to afford the home once they inherit it?
Families across America are losing homes not because of bad decisions but because the system was never built to protect family ownership long-term.