Are we liable for capital gains tax if we sell a property we inherited?

Q.

My brother passed away in March this year. He was single and had lived in his small home for many years. My sister and I were co-executors of his will, and as per his wishes we sold his place four months after his death and divided the proceeds evenly between the two of us. Are we liable for capital gains tax or any other tax on this money?

There should be no capital gains tax to pay because the house was his residence and it was sold within two years of his death. If he left other assets such as shares any inherent CGT liability would be passed on to you and your sister as beneficiaries but would not be triggered until you disposed of them.