The value must be based on the current value and not the cost price. If any one from the heirs wants to buy the share of others, he must pay them according to the current value of the property.
Islam respects and implements the will as far as it does not contradict the Islamic rules. The inheritance trust should not have any injustice on other inheritors, and it should not exceed one third of the whole amount left after deducting the debts and liabilities.
If the inheritance trust exceeds one third, then it will be in the hands of the inheritors to allow the extra amount or to just fix it to the one third.
There is no difference in this regard between any of the grandchildren. As long as a child lives his or her children or the children of other siblings would not inherit.
If you are sure that the whole amount of inheritance is unlawful then you are not allowed to utilize any amount of it, but give it to poor in charity through the Marja of Taqleed.
If you know that part of the amount is unlawful, then you are allowed to utilize the portion which is from allowed income.
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