I suspect that in 1627, some male relative - if not the executor - would come forward and take on the upbringing of the children, by guardianship, especially if there was some money!
If there was considerable money then the children would become wards of court (i.e. under the nominal guardianship of the monarch) and he would decide where they went and what happened to them - marriage for the females, some kind of court training possibly for the males.
OC
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