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Exam (elaborations)

CDFA Exam Questions with Complete Solutions 100% Verified

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  • 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...

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  • August 9, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFA
  • CDFA
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GOLDTUTORS
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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