The soap world is still reeling from the May 8 passing of actress Jeanne Cooper. Fans of the beloved grand dame have been wondering what will happen to her iconic character, Katherine "Kay" Chancellor on The Young and the Restless. TV Guide Magazine’s Michael Logan spoke with Y&R’s executive producer Jill Farren Phelps, who gave the inside scoop on how the soap will deal with both the passings of Cooper and Kay.

TV Guide Magazine: Tell us about the plans to honor her on air, and what you plan to do about her character.

Phelps: We're going to have the actors closest to Jeanne — probably 25 in all — sit in the Chancellor mansion set and tell stories and reminisce about her life, as themselves. We'll serve tea and let everyone talk and cry and laughs and share and we'll find the best photos and clips we can get our hands on and edit it all together into a beautiful celebration episode. This is all for Jeanne. And then later we will deal with the death of Kay Chancellor. We've already written the show into July, so it will take some time before we can address her departure on air. In the meantime, there will be references in the script that Katherine and her husband Murphy are off somewhere on a trip. READ MORE

General Hospital fan favorite Lynn Herring is heading back to Port Charles! Soap Opera Digest is reporting the popular star is reprising the role of Lucy Coe on Dec. 14, just in time for the Nurses Ball! READ MORE