CDFA EXAM LATEST ACTUAL EXAM 2026
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
pg. 1
,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
pg. 2
, 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
Community Property State ......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 ......ANSWER......Divide property based on
considerations to achieve an equitable and fair distribution- not an
equal one
Qualified Domestic Relations Order (QDRO) ......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
......ANSWER......What are the 3 ways to divide a business?
pg. 3
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
pg. 1
,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
pg. 2
, 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
Community Property State ......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 ......ANSWER......Divide property based on
considerations to achieve an equitable and fair distribution- not an
equal one
Qualified Domestic Relations Order (QDRO) ......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
......ANSWER......What are the 3 ways to divide a business?
pg. 3
