QUOTE(lurkingaround @ Nov 11 2019, 01:40 PM)
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In that case, please keep us updated on the negotiations for the out-of-court settlement in your FIL vs MIL divorce court case.
My suggestion is a 70:30 division from the sale of the condo, with 70% going to your MIL since her financial needs for retirement and singlehood will be greater and your FIL no longer needs RM300k to buy the birth-surname-right from his Team B. This should be a win-win settlement/agreement.
Your FIL can still raise cash by selling his 1st-wife's house and downgrading to a lesser matrimonial house or apartment.
Any chance for a reconciliation between your MIL and FIL.?
Good day.
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Reconciliation between him and her?? Not a chance. She said she gave him enough chances and she won't put up with that kind of disloyalty and infidelity again. Also abandonment the day he moved to the ex-wife's house. I can understand how she feels.
The house? He won't be allowed to sell it as he made a deal with his ex-wife to put her name on the title in exchange for her life savings to pay off the MIL. Also does appear he has some "face" issues living in a house at a "lesser" neighborhood.
70:30?? Not a chance. My wife and me have decided MIL will live with us. Wife said as the eldest daughter she is duty-bound to look after her mum. She won't have much financial needs as we will take care of her. FIL said unlike the 2 ungrateful daughters he has with the MIL, his 3 daughters with the ex-wife has agreed to take care of him unconditionally and will look after all his financial needs.
Earlier I went with him to take a look at the condo. It turns out it was a smaller unit than we had thought. Worth around RM520,000 though unlikely to sell at that price in its current state, said it was being rented out by his former mistress who uses it to fund the daughter. Claims he tried to sell it for RM500,000 2 years ago but had no takers. He said in the event it sells he does need to give that daughter some of the money as she is just only finishing her A Levels.
We sat to negotiate. He said he wanted a FAST divorce and by fast he meant before year end or by latest before the eve of CNY. Said he wanted to be rid of the bitch and devil by then as he couldn't tolerate all 3 of them. He did not want it to go to court and said because he was offering an out of court settlement that means he wasn't contributing towards any legal fees we had incurred. He said he was willing to offer RM130,000 to walkaway, she keeps her condo, she doesn't make any further claims on him and doesn't ask him for any alimony. I told him it needs to be closer to 50% and MIL is under the impression that condo has a value of RM630,000 and she was banking of at least RM300,000. He said he could not raise that type of money. I told him to think like how my MIL would think, he has known her inside out for more than 40 years, he should know her character extremely well. He asked if we could agree that the condo was worth RM480,000 to which I agreed. He offered a RM210,000 and said it is how much his ex-wife was willing to loan him and that was her entire lifetime savings.
I told MIL, she said better to get rid of the useless man while he still had some money to give and asked me to agree to it. I told him MIL agreed to his settlement and he asked me to get our lawyer to sort it out ASAP and to express it. Told me he was going to put a big notice in the newspaper that he is disowning the 2 daughters. I told him he better save the money for his new grandson and to not burn any bridges till it is beyond repair. I asked him when he planned to pay as MIL won't sign anything till she is paid. He said he would pay our lawyer the full amount tomorrow and she can touch it after everything is finalized.
He was in fairly good spirits over the whole thing, a far cry from the angry man he was on Thursday. He said it was difficult not to feel like he been cheated 40 years and she never gave him a son yet want to steal so much of his money. Asked him what were his plans for the future, he said he had no plans.
MIL was mostly quiet when I told her the outcome. However she said after putting up with his emotional abuses for 40 years she was ready to move on. She asked me to get her Nissan X-Trail repaired and then to sell it. She then said the condo also must be sold. She said other than her 2 daughters, she didn't anything that she had together with him. Said she will buy a cheaper car and when the condo sells, she would co-buy 2 properties with her 2 daughters.