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Exam (elaborations)

CDFA Exam Questions and Answers

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CDFA Exam Questions and Answers

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CDFA Exam Questions and Answers



pro se divorce - Answer-a divorce proceeding in which the parties represent themselves in the divorce
action



no-fault divorce - Answer-a divorce granted without either party having to prove the other party guilty
of misconduct



Residency Period - 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 - Answer-the minimum time it takes to complete a divorce once the compliant is filed



Deposition - Answer-the sworn testimony of a witness taken outside of the court in the presence of
lawyers for each side



curriculum vitae - Answer-A resume that is prepared by an expert witness to show their qualifications in
their area of expertise



Voir Dire - Answer-Where the opposing counsel has the opportunity to disqualify an expert witness



1. Explain Assignment 2. Explain general procedures and assumptions 3. Summarize work 4. Admit
exhibts and explain reports - Answer-Name the 4 direct examination steps

, advocate - Answer-An expert witness is not a _____________



1. Voir Dire 2. Direct Exam 3. Cross exam 4. Redirect exam - Answer-Name the court room apperance
sequence of events for the expert witness



401k contributions & mortgage principal payments - Answer-What are two items that are not itemized
deductions



1.45% - Answer-Medicare tax is what % on all income



26 - Answer-bi weekly has how many payments in a year?



$132,900, 6.2%, $8239.80, monthly- $686.65 - Answer-What is the max income subject to SS and what
percentage for a year and month?



Separate Property - Answer-includes what a person brings into the marriage, inherits during the
marriage and receives as a gift during the marriage



Marital Property - Answer-everything aquired during the marriage regardless of which spouse owns the
property



5 years - 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 - Answer-List the states that are community property states

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