Bene of brother's profit sharing plan

Brother (never married) named siblings as beneficiary on his Employee Profit Sharing & Trust plan (100% vested and employed for 13 yrs). Are taxes to be paid? Who pays them? Do we have to roll this over or is it ours to keep? Monies per individual is estimated to be $8K-11K. Do we need to get an accountant? Very small company - their accountant is keeping 20% for taxes? Have not been able to get copy of the "plan". Any suggestions? Thank you.

There are 2 kinds of potential taxes -- estate taxes and income. The estate tax is paryable if the total estate is $650k or more. Who pays it would depend on the Will.

Second, income taxes on funds in a qualified plan have to be paid. Again, unless the will says something, the beneficiary typically pays the tax. That's why the 20% withhollding -- the accountant is not Keeping the money, but advancing it to the IRS.