The Deceased left some cash and 3 houses. One house was purchased by the Deceased during his lifetime, subject to a right to occupy for the benefit of a third party. The third party still resides in the house at date of death.
Cash has been used to pay part of the IHT, with a balance remaining. Executors (who aren’t beneficiaries) can’t get any practical solution from the beneficiaries to pay the tax. Each of the 3 beneficiaries inherits one house.
Is the only real option (given the Executors personal liability) to liquidate the Estate in its entirety, then to pay the tax and divide the net proceeds pro-rata? Loans, IHT on credit etc don’t get the Executors much further forward.
The house with the right to occupy may be a hard sell on the open market, but so be it.