Character of Stock Acquired Using an Option Determined

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 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 ...

See Also

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

Full Text of Court Cases
May 24, 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 ...