Racial and ethnic disparities have been shown to disproportionately impact Black and Latinx children within the criminal legal system. Parental incarceration is associated with emotional and psychological stresses for children, but these effects can extend beyond incarceration. Research suggests that parental incarceration is not a discrete event and problems during childhood can exacerbate throughout the life course. Yet, little is known on how challenges faced by parental incarceration transcend to adulthood. Further, an examination on the long-term effects of parental incarceration through the lens of race, ethnicity, and gender remains understudied. In order to address this gap, this study focused on the lived experiences of Black and Latinx young women. We utilized 11 semi-structured interviews to explicate how Black and Latinx young women compartmentalize the experience of parental incarceration and use coping strategies. Using an interpretative phenomenological analysis, we found that these young women interpret parental incarceration as an ongoing process and rely on four coping strategies. Thus, our findings highlight that despite the challenges of parental incarceration, young Black and Latinx women remain resilient by accepting the reality of their circumstances, keeping themselves occupied with tasks and activities, seeking their own social support systems and mental health care, and reconstructing their own prosocial identity.