> My wife and I live in California, a community property state. At the moment we married, everything that is mine became hers and vice versa.
This is not correct according to my understanding. Community property is anything that is acquired after marriage (not including inheritance), any house that you both live in, or any accounts that become commingled during the marriage. If you have an investment account before marriage that you don't use to pay for stuff and don't add to with salary, then it remains individual property, even in California. I think being a community property state just means that community property is mandated to be split 50/50, not that all property becomes instantly community.
This is not correct according to my understanding. Community property is anything that is acquired after marriage (not including inheritance), any house that you both live in, or any accounts that become commingled during the marriage. If you have an investment account before marriage that you don't use to pay for stuff and don't add to with salary, then it remains individual property, even in California. I think being a community property state just means that community property is mandated to be split 50/50, not that all property becomes instantly community.