You have not indicated in the executors and heirs are in agreement on settlement. If this is the case, you should hire a local lawyer who specializes in Probate and Estate Administration to draft the agreement.
If you are not in agreement, then each Executor, and possibly, each beneficiary or heir, should hire there own counsel to represent them in the drafting of the agreement. This latter is more likely the case. Your attorney should analyze whether a conflict of interest exists between the parties and should advise your to hire separate counsel accordingly.
This is not intended as specific legal advice. You should consult a local lawyer. The advice in your jurisdiction may vary.
Obviously, you are attempting to adminster this estate without a lawyer. If you need to enter into a family agreement, then you have issues. Attempting to do this on your own is just asking for trouble. Retain an estates attorney to assist you in drafting an agreement that will be binding and enforceable and that will limit the chance of a legal dispute that will cost all parties attorney fees.
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