In re the Marriage of Gerald Steven Chumbley v. Mary Patricia Beckmann (Chumbley II)

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May 24, 2007

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State Court
Washington
Supreme Court

Summary

The Washington Supreme Court reversed an appeals court characterization of stock purchased using an option. The wife received an option during the marriage, but used separate funds to pay the strike price for the stock. The Supreme Court found that base ...
In re the Marriage of Gerald Steven Chumbley (Chumbley II) v. Mary Patricia Beckmann
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See Also

Character of Stock Acquired Using an Option Determined

Legal and Court Case Update
June 7, 2007

The Washington Supreme Court reversed an appeals court characterization of stock purchased using an option. The wife received an option during the marriage, but used separate funds to pay the strike price for the stock. The Supreme Court found that base ...