Nowadays，HNWIs in China start focusing on family trusts as wealth management tools. Traditional financial institutions like private banks，corporations of trusts，insurances and securities，as well as non-licensed financial institutions with HNWI resources，are actively demonstrating and arranging family trust services. Since the first family trust product established in September 2012 in China，the whole commission scale started to get enlarged steadily and exceeded 2000 billion Yuan at the end of 2020. Meanwhile，family trust services has undergone qualitative changes，which allowed value preservation and increment of family legacy worked up to protection，management and inheritance；and also triggered the development of family legacy/property management services from merely private section. Promotion environment is generally favorable for family trusts，related industrial regulations and legal system are on the way of improvements while supporting systems like trust registration and taxation still need further construction and standardization. Digitalization of management，professionalization of investment management，differentiation in trust properties and normalization of cooperative systems will be the main trends in the future.