Your lawyer has suggested two options, but you are in a dilemma to choose which and what?
One thing if you understand from this that your wife is playing a blackmailing drama using your weakness for the love you have in your daughter and is trying to capitalise it by the threats of the criminal cases.
You should understand one thing that even though you may file a child custody case,the child shall not be in the custody with her father and the mother is entitled to child custody until the child attains an age of 5 years and for female child it can be more than that i.e., 7 years also depending upon the circumstances. So you may be entitled only for visitation rights until then.
Under the given circumstances, you may also enact some drama by agreeing to her demand that you will not seek visitation rights and ask her to withdraw all her cases, even if she includes this matter that you will not seek visitation rights, at a later stage you can very well filea child custody case and seek visitation rights, let she produce the divorce case decree as evidence about your relinquishment, at that time you can very well argue that it will not be possible for a biological father to relinquish the rights he has on his daughter and this was obtained on force or coercion, the court will certainly consider your pleading that way.
Now to your two questions:
If i give up rights now ,can i claim after one year once things settle down ,or how do i arm twist her legally in giving me my visitation rights and
After, she withdraws all her cases against you, silently prefer an appeal against the divorce case seeking to remove the clause of relinquishing your rights for visitation rights to your child, or you can arm twist later on also as per your design stated above.
Can my wife claim over my inherited property (including my child):
NO. None of hem have any rights in it.