Newmark announced the official launch of its Trusts & Estates specialty practice within its Valuation & Advisory (V&A) platform, appointing Philip Jones as Senior Managing Director and Practice Leader. The new national service line delivers tailored valuation services for estate and gift tax planning, trust disputes, succession strategies, and litigation support. 

The Trusts & Estates group is designed to serve law firms, accounting professionals, and financial advisors with a centralized solution for estate-related valuation needs. With deep capabilities in business valuation and fractional interest appraisals, the group also provides IRS audit readiness and minority interest valuation services for high-net-worth individuals and family offices. 

“Our Trusts & Estates practice reflects Newmark’s continued investment in offering best-in-class, specialized valuation services,” said Helene Jacobson, Executive Managing Director and U.S. Practice Lead for Valuation & Advisory. 

Jones brings over 25 years of experience and previously co-led a similar practice at an international real estate firm. His leadership strengthens Newmark’s ability to provide expert, high-touch service for complex estate matters across the country. 

“Newmark’s integrated platform and reach create an ideal foundation for building a best-in-class Trusts & Estates practice,” said Jones. 

Pictured: Philip Jones