Two different people using one Apple ID on two different iPhones

My wife must upgrade from her current flip phone due to 3G CDMA retirement. My plan to replace it is to activate and move my number to an iPhone 8 for myself have her number switched to my current iPhone 7. We would use the same (my current) Apple ID on both phones without mirroring.

Currently I use a MacBook and my iPhone 7. The only app I really share a lot between the two devices is Calendar.My wife and I both occasionally use an iPad which uses my Apple ID and also shares Calendar info with my MacBook.

Since we only have one car, we would like to be able to share Calendar information entered on any of the three devices in use. However, we would like texts, emails and calls to go only to the intended recipient. Will setting up both iPhones using my current Apple ID without mirroring accomplish what we desire?