This paper presents results from the Life Stories and Family Transitions Study. This study includes life-story interviews with 40 young adults living in New Zealand who have experienced the separation/divorce of their parents during childhood or adolescence. The participants are between the ages of 18 and 30 years and from a range of different cultural backgrounds, including European, Maori and Pacific Islanders. Previous research has indicated that some young adults continue to experience negative impacts, into adulthood, from their parents' divorce. Others appear to fare adequately or well. This study aimed to develop insight into how young adults understand the impact of parental divorce on their lives, as children and adolescents, and in their current lives as adults. This present paper presents an overview of the findings from this study. It includes an analysis of the participants' perceptions of the impacts the divorce had on their lives, both positive and negative. It examines the experiences that were considered supportive or helpful by the participants and those that were associated with most difficulty. It also investigates the relationships, (for example, parental, peer, other adult, relatives) that were seen as most significant by the participants within their life stories. Finally, it examines the participants' perceptions of current areas of personal strength and difficulty.