I need to split the wire coming from my batery into two twelve gauge wires. I was thinking about running an 8 gauge wire from my battery with a 40 amp fuse and splitting it into the two twelve gauge wires with 20 amp fuses. Will this work? Are there any rules to go by?
Will my idea work?

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i'd go with a 4 ga wire and 8 ga from the distribution, but thats just me.
14.82 @ 97 mph