arital property is a well-recognized legal doctrine in Maryland, adopted by the Maryland General Assembly, but it is relevant in a divorce case only if and when a monetary award is sought by one of the parties. If a monetary award is sought by either party, then a court must determine what is marital property and, based on various factors identified by the General Assembly, e.g., contributions of the parties to the well-being of the family, the value of the property, etc., determine an equitable division of the marital property. If, however, no monetary award is sought, then a court has no obligation to value or equitably adjust the parties’ interests in any marital property. Understanding the parameters of the relief a court can grant is an important part of the process of protecting your rights and ensuring your equitable share of marital property.
Marital Property Irrelevant Without Request for Monetary Awardx