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Kapil Lalwani (owner)     19 December 2013

Divorce - finance issues

My wife and me have agreed on mutual divorce for a sum of 1.5 Lakhs.I have a FD worth Rs 2 lakhs in my wife's name - relates to my savings and want to pay her off with that money.

I am planning to get her signatures on the FD reciept after one the first signature in the divorce papers and then pay her off post signing off the second signature after six months.

I plan to transfer that amount to my bank account once she signs on the FD reciept.

Is that Ok or will i have a legal tangle later on?



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