Abstract: Influenced by the concept of trust in Britain, American Trust Law develops distinctive features in the trust legal system in terms of standardized system and codified content. With the development of commercial trust practice and balance of parties' rights and other aspects of trust management innovation, the evolution of value basis of American trust law has become a dynamic equilibrium process, between the property law and the contract law with the focus on the balance of the parties' rights. It provides an inspiration for China to solve its own existing problems. The trust practice and innovation in China should follow trust legislation, and focus on the coordinated development of the legislative provisions, the legal attributes and the framework of trust.