Inheriting Property Executor's Deed with Mulitple Beneficiaries

[Jason Carter]

I have a family member who is inheriting half of a property and the other half is being split between 3 other beneficiaries. From what I understand is that the Executor will deed the house through an Executor's Deed.

Question 1: Would this be a Limited or Special Warranty Deed and would this affect the future sale and title insurance? Is there a better way to transfer?

Question 2: What would be the best way to get cash to my family member and let the other beneficiaries take full ownership to live in the home. 

e.g. have the other beneficiaries get a conventional loan or would it be a cash out refi on their part to "pay off" my family member or any other best scenario for getting cash out

Any advice is appreciated!