McDavid v. McDavid

WALLER, Justice:

We granted certiorari to review the Court of Appeals’ opinion in McDavid v. McDavid, Op. No. 97-UP-277 (S.C.Ct. App. filed April 28, 1997). We affirm in part, reverse in part.

FACTS

This is a domestic case. Respondent, Husband, was granted a divorce from Petitioner, Wife. In equitably dividing the couple’s property, the family court, inter alia, excluded from the value of the marital estate $22,400.00 in assets owned by Wife prior to the marriage. The family court also valued the equity in the marital residence by using the payoff balance owed as of the date of filing of the…