Upon the decease of any resident of the homes, the commissioner shall cause such of the resident’s personal estate as may be left in the resident’s possession to be disposed of pursuant to the resident’s will, if any. All property of the deceased resident of the home not so bequeathed by will, and remaining at a home, unclaimed, for one year after the resident’s death, shall be inventoried, appraised, and sold, and the proceeds thereof paid into the state treasury to the credit of the Minnesota veterans homes endowment, bequest and devises fund.