Sharon

My mother died July 2023 and she left her house and estate to her 3 daughters. For probate an estate agent valued the house at £250k, and we submitted this value for Probate. There was no IHT as the total value of the estate was below the allowance. Probate was subsequently granted in December 2023. When putting the property on the market, different estate agents valued the property at over £300K and we have subsequently agreed a sale at £302,500. I believe we may be liable for CGT. The question is: As an Executor and a beneficiary (I am also one of the daughters) do I have to do a Deed of Appropriation first so that when the house sale completes the 3 sisters all get an equal share and we pay our own CGT if applicable? or does the Executor have to pay it BEFORE the monies are divided up? Obviously if each sister pays the CGT themselves then it saves us some money, that is if we do have to pay CGT. We are all basic rate taxpayers. I am asking this as I am getting differing information from various people.