My parents are 78 and 80 and will be eligible for divorce in just over 2 months. They will have been married for 58 years. At the time my father walked out, he said “Take the house. Sell it. I don’t care.” So they jointly listed the home, sold it and then they both endorsed the check for the proceeds. My Father then told my Mom that since the house proceeds roughly equaled his IRA value, she should take the full amount of the house proceeds to get her life started on her own. Which she did. They moved into separate homes in May of last year, they sold the house and she’s had the proceeds since June of last year.
He is now regretting his decision to walk out and wants to reconcile, but my mother does not. Since there are no other assets other than individual cars, his IRA and her bank account (which is 100% the proceeds from the house), does he have anything to go after? My mother is terrified that she will be left penniless. Since his IRA is roughly the same value as her bank account, it appears the best course of action is simply an absolute divorce because their assets are already 50/50. There are no other assets besides two indiv. cars.
Lastly, once the divorce is final, he cannot request anything from her bank account?