"Spending some of an inheritance on something you love is fine - within reason. In this case, his plan to spend $3 million seems reasonable given the amount he'll inherit."
"If he pays $3 million in cash for a condo, he'll be left with $12 million of the inherited funds plus his own $1.5 million, equating to significant annual income."
"It's important for anyone inheriting money to not rush into making a purchase and to understand the long-term costs of their decisions."
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