For many married couples, the largest single asset they possess is their marital home. When divorce arises, dealing with the marital home is often the most significant issue other than child-related matters. Even as you both navigate the divorce process, someone must pay the mortgage, property taxes, etc. Accounting for these expenses when it is time to divide assets can be crucial. To ensure you leave your marriage with a fair asset distribution, make sure you are not tackling the divorce process alone, but instead have representation from a knowledgeable Maryland divorce lawyer.
A recent divorce case from Howard County illustrates how thorny these matters can be. A husband responsible for paying the mortgage on the marital home, but did not receive something called “Crawford credits” based on those mortgage payments, took his case to the Appellate Court, but lost. Ultimately, he was unsuccessful because the law carved out several exceptions, one of which applied in his case.
To understand more fully why the court ruled against the husband, it helps to understand what Crawford credits are. These credits, which take their name from the 1982 Maryland Supreme Court case of Crawford v. Crawford, are a divorce law concept that impacts equitable distribution when a couple owns one or more pieces of real estate.