CDFA Exam Questions with Complete Solutions 100% Verified
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Course
CDFA
Institution
CDFA
CDFA Exam Questions with Complete Solutions 100%
Verified
pro se divorce Correct answer-a divorce proceeding in which the parties represent
themselves in the divorce action
no-fault divorce Correct answer-a divorce granted without either party having to prove
the other party guilty of misc...
CDFA Exam Questions with Complete Solutions 100%
Verified
pro se divorce Correct answer-a divorce proceeding in which the parties represent
themselves in the divorce action
no-fault divorce Correct answer-a divorce granted without either party having to prove
the other party guilty of misconduct
Residency Period Correct answer-at least one spouse must be a resident for a certain
period of the time before the court has jurisdiction and the divorce proceedings can begin
=about 90 days
cooling-off period Correct answer-the minimum time it takes to complete a divorce once
the compliant is filed
Deposition Correct answer-the sworn testimony of a witness taken outside of the court in
the presence of lawyers for each side
curriculum vitae Correct answer-A resume that is prepared by an expert witness to show
their qualifications in their area of expertise
Voir Dire Correct answer-Where the opposing counsel has the opportunity to disqualify
an expert witness
, CDFA Exam Questions with Complete Solutions 100%
Verified
1. Explain Assignment 2. Explain general procedures and assumptions 3. Summarize work 4.
Admit exhibts and explain reports Correct answer-Name the 4 direct examination steps
advocate Correct answer-An expert witness is not a _____________
1. Voir Dire 2. Direct Exam 3. Cross exam 4. Redirect exam Correct answer-Name the
court room apperance sequence of events for the expert witness
401k contributions & mortgage principal payments Correct answer-What are two items
that are not itemized deductions
1.45% Correct answer-Medicare tax is what % on all income
26 Correct answer-bi weekly has how many payments in a year?
$132,900, 6.2%, $8239.80, monthly- $686.65 Correct answer-What is the max income
subject to SS and what percentage for a year and month?
Separate Property Correct answer-includes what a person brings into the marriage,
inherits during the marriage and receives as a gift during the marriage
, CDFA Exam Questions with Complete Solutions 100%
Verified
Marital Property Correct answer-everything aquired during the marriage regardless of
which spouse owns the property
5 years Correct answer-How far back of tax returns should a CDFA look into?
TWIN CAN LAW- Texas, Washington, Idaho, Nevada, California, Arizona, New Mexico, Louisiana
and sometimes Alaska and Wisconsin Correct answer-List the states that are community
property states
Community Property State Correct answer-This property division is 50/50. Any property
deems "not seperate" and any property acquired in this property state retains its property state
no matter where the couple moves
Equitable Distribution State Correct answer-Divide property based on considerations to
achieve an equitable and fair distribution- not an equal one
Qualified Domestic Relations Order (QDRO) Correct answer-A court ruling ear marking a
portion of a persons retirement or pension fund payments to be paid to their exspouse as a
division of marital assets
1. one spouse keeps it 2. both spouses keep 3. sell Correct answer-What are the 3 ways
to divide a business?
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