knowledge topics
Marital Status
KNOWLEDGE EXPECTED OF: Both CFP® Professionals and QAFPTM Professionals
Marriage
- Define marriage for family law purposes.
- Explain when a marriage may be voidable.
- Explain when a marriage is void.
- Explain when a marriage ceases.
Common-Law and Cohabitation
- Identify that the definition of common-law relationship for family law purposes varies across jurisdictions.
- Identify that the definition of cohabitation for family law purposes varies across jurisdictions.
- Explain variables that courts may look at to determine if partners are cohabitating, such as:
- Shelter – Living arrangements
- Behaviour – Sexual and personal
- Support – Support of partner
- Social – Presentation of partnership to society
- Societal – Community view of your relationship
- Economic support – Combined finances, supporting the partner financially
- Children – Interaction as parents to partner’s children
- Explain the areas of legislation that may differ for married and common-law couples, such as:
- Family law
- Family obligations / support payments
- Matrimonial property
- Division of property
- Wills and powers of attorney
- Intestacy rules
- Pensions
- Family law
Separation
- Identify when a separation is deemed to have occurred between individuals.1
- Explain the risks associated with remaining separated indefinitely.
Divorce
- Define divorce for family law purposes.2
- Explain areas that should be reviewed upon divorce.
- Entitlements under a will
- Entitlements in tax
- Entitlements of property
- Pension entitlements
- Powers of attorney
- Beneficiary designations
- Define the types of divorce.
- Uncontested
- Contested
- Explain claims that may be made under a petition for divorce, such as:
- Child support
- Spousal support
- Custody
- Explain types of support that may be required by law.
- Child support
- Spousal support
- Parental support
- Explain the sources from which child support payments may be verified, such as:
- Separation agreement
- Divorce agreement
- Bank statements
- Explain the sources from which spousal support payments may be verified, such as:
- Separation agreement
- Divorce agreement
- Bank statements
- Explain that some jurisdictions may require adult children to provide reciprocal support to parents who are in need.
Glossary of Verbs (mouse over to see definition)
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Define
To state exactly the meaning of
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Identify
To be aware of / to recognize and correctly name / to locate an appropriate resource
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Explain
To make clear the meaning of / to describe something in more detail or reveal relevant facts or ideas related to it
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Compare
To note the similarities and differences between two or more things
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Estimate
To determine an approximate value for
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Calculate
To find the value using mathematics
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Convert
To change from one form or purpose to another
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Evaluate
To reach a conclusion or make a judgement through careful study
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Interpret
To give the meaning of / to construe or understand / to translate orally
Read more about the Taxonomy used in the FP-BoK
previous / Jurisdictional Responsibility for Family Law