158 Wis.2d 508, 463 N.W.2d 370 (WI Ct. App., 1990)
(1) Substitution of “Baby Bells” stock for AT&T stock acquired by inheritance was not income, but a substitution, and thus did not effect a transmutation on non-marital property to marital. (2) Dividends invested in additional shares of stock was marital under Arneson. (3) Cash gifts deposited in the parties’ joint checking account lost their character as separate property. (4) Cash gifts placed in savings account lost their identity through commingling with the marital funds in the checking account.
[ Full Opinion ]