Abstract: An improved umbrella structure having a unique handle that permits the umbrella to be staked into the ground, right side up, when desired by the user. The handle, in preferred form, includes a pin having a stake-like point at one end and a threaded shank at the other end, and a cap that can be threadedly connected with the shank. In the stake position, the pin is threaded into the umbrella's handle so that the stake-like point is exposed, and the cap is inserted in the user's pocket. In the storage position, the pin is threaded into the umbrella's handle so that the stake-like point is received in a storage cavity defined in that handle, and the cap is threaded onto the pin so as to protect the threaded shank and establish an aesthetically pleasing contour to the handle.