Tish Cyrus files for divorce from Billy Ray Cyrus after almost 30 years of marriage

Country musician Billy Ray Cyrus and his wife, actress and producer Tish Cyrus, are separating after nearly 30 years of marriage.

Tish — who serves as manager to the couple's daughter Miley Cyrus — cited "irreconcilable differences" as the reason for the split, according to documents filed in Tennessee and obtained by People magazine.

She asked the court to equally distribute all marital assets.

"It is after 30 years, five amazing children and a lifetime of memories, we have decided to go our separate ways — not with sadness, but with love in our hearts. We have grown up together, raised a family we can be so proud of, and it is now time to create our own paths.

"We will always be family and look forward to a continued and loving shared experience as friends and parents. We have not come to this decision lightly or quickly but with so much going on in the world, we wanted to provide some clarity and closure, so we can remain focused on what is important. With Love and Hope… Tish and Billy Ray Cyrus."