How do we separate our finances so it is fair for both of us?

After I gather and enter every asset and liability, we will explore multiple division scenarios. Not only am I looking for a fair and equitable division, I analyze the tax status of the assets and look to avoid tax liabilities from the unnecessary sale of appreciated assets. There are many ways to get to a 50/50 division scenarios but considerations like retirement age, cash flow needs and emergency savings are unique to each individual. Here is an example of a scenario that looks equitable at first glance.

Financial report for Alexandria Rogers and Charles Rogers, detailing property, investments, businesses, personal effects, retirement, assets, and debts.
Property division report showing totals for Alexandria and Charles, with assets, debts, and community property amounts. Alexandria has $3,388,030 in assets, $17,994 in debts, and $3,370,036 in community property. Charles has $3,356,519 in assets, $644 in debts, and $3,355,875 in community property. Total assets are $6,744,549, total debts are $18,637, and total community property is $6,725,912.
Bar chart showing division of community property with two bars: Alexandria and Charles, each valued at approximately $3,500,000.

However, when I apply an after-tax analysis to this exact scenario, it is apparent this division might not be appropriate for the couple.

A detailed financial report titled 'Community Property Division on an After-Tax Basis' showing tax rates, property division statistics, and after-tax details for categories like real estate, investments, businesses, personal items, and IRA/401k accounts.
Financial table displaying data on pre-tax community equity, debts, and community property division after taxes, with highlighted figures of 3,307,911 and 2,361,905.

This analysis is based on you and your exact situation. The tax calculations are based on up-to-date IRS and state tax code and applied to your specific income, investments, property, pensions and retirement accounts.

Only with thorough analysis of your specific circumstances, and after-tax calculations, can we be confident that the separation of your finances are fair to both of you.

Only after this analysis can you make an informed decision.