Why in the world would a wealthy Florida resident give away their million dollar Florida house right now? Why are Florida probate lawyers and Florida estate lawyers recommending you do that with your beautiful mansion in Palm Beach, Manalapan or Hypoluxo? Are you willing to give up ownership and control of your house for the benefit of your children or grandchildren? The truth is that Florida trusts set up to hold and receive your Florida mansion and Florida residence –during YOUR LIFE (right now, not after you die) — have been around for a while.