Isnt that like, the entire conceit of a king?

I guess the takeaway is to make sure you have a will.

Sounds like textbook money laundering/diversion of charity funds to me.

Don't give the money to the privy purse directly - spend it on upkeep/repairs/renovation of private property that the king can 'legitimately' collect rent on.

This is the best summary I could come up with:

The king is profiting from the deaths of thousands of people in the north-west of England whose assets are secretly being used to upgrade a commercial property empire managed by his hereditary estate, the Guardian can reveal.

The Duchy of Lancaster, a controversial land and property estate that generates huge profits for King Charles III, has collected tens of millions of pounds in recent years under an antiquated system that dates back to feudal times.

The Guardian identified dozens of people whose money has been transferred to the king’s hereditary estate after they died in the north-west in places such as Preston, Manchester, Burnley, Blackburn, Liverpool, Ulverston and Oldham.

A Duchy of Lancaster spokesperson indicated that, following his mother’s death, the king endorsed the continuation of a policy of using bona vacantia money on “the restoration and repair of qualifying buildings in order to protect and preserve them for future generations”.

However, under a custom that has its roots in the medieval period, two hereditary estates, or duchies, belonging to the royal family can collect bona vacantia from people who die in two regions in England.

“The king reaffirmed that money from bona vacantia should not benefit the privy purse, but should be used primarily to support local communities, protect the sustainability and biodiversity of the land and preserve public and historic properties across the Duchy of Lancaster estates,” the spokesperson said.

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