An estimated €300 billion is expected to be inherited in the Netherlands before 2033, according to the account. ING expert Agnes Verbruggen said the expected amount is not limited to wealthy families and is tied entirely to the overvalue of homes, citing figures from Statistics Netherlands (CBS). She said homeowners may not have the money in their bank accounts, but do have capital in their homes.

Banks are urging customers to get in touch in time about the expected inheritance, though no further details were provided.