Hello everyone,
I got ex-party divorce in December 2013, after willful desertion by my wife in August 2011. Since she didn't contenst the petition or didn't come to court, the court awarded ex-partee with no cost involved. I was told through my-wife's lawyer contact that he will get power of attorney for join properties. For various reasons, the power of attorney was not signed, when i was following up last week, the wife's lawyer informed that she needs Rs. 10,000 per month maintenance, 5000 for medical expense and 5000 for montly expense as her financial position is precarious.
When i contacted my advocate, i was adviced to create a fixed deposit for Rs. 13 Lakhs or 15 lakhs in my kdis name (kids are with me), and assign monthly interest to her. Since the case is over, i am adviced to prepare MoU towards this. I need to make sure that there is no further demand, and that she doesn't claim for the kids in future. I also want to make sure power of attoerney is provided to me, before i part with the money.
I need advice on whether this approach is okay, or any alternative solution is available. What other factors i need to consider ?
