I am hoping that someone with experience of estate administration in Scotland can help please.
A guardian for financial affairs was appointed for a person in Scotland who lacked capacity. The person who lacked capacity has now died. There was a will made some years previously but the sole executor and beneficiary appointed by the will cannot be traced and may well have died. There was no family of the individual. The guardian is left wondering what to do with an asset held in his name, and what will happen to the other asset, held in the name of the person who lacked capacity.
Apparently the Queens and Lord Treasurer’s Remembrancer will accept the funds of a person who dies intestate without family but will not do so if the deceased left a will. What happens in that case?