Abdication of Charles V

Between 1554 and 1556 Charles V, exhausted by four decades of universal war, partitioned the empire he had inherited intact. His son Philip received Spain, the Indies, the Italian possessions, and the Low Countries; his brother Ferdinand received Austria, Bohemia, Hungary, and ultimately the imperial title. The split divided the Habsburgs into Spanish and Austrian branches that would remain cousin powers for the next century and a half. Charles retired to a monastery in Yuste and died there in 1558.