The iconic series, according to a press statement, will "end in a manner that respects the show's legacy and honors its history."

Many actors who appeared on the soap opera over the years will return to Pine Valley for the final episodes, including Josh Duhamel (Leo Du Pres), Eva La Rue (Maria Santos), Thorsten Kaye (Zach Slater), Carol Burnett (Verla Grubbs), Kate Collins (Janet Green), Jennifer Bassey (Marion Chandler), Melissa Claire Egan (Annie Chandler) and Leven Rambin (Lily Montgomery).

"All My Children" has been prized with more than 30 Daytime Emmy Awards over the past four decades, including the three-time top honor of Outstanding Drama Series. Jan. 5, 2011, marked the celebration of 41 years on the air.

Created by Agnes Nixon, "All My Children" premiered on the ABC Television Network Jan. 5, 1970, as a half-hour show; seven years later it expanded to an hour. Julie Hanan Carruthers is executive producer with Lorraine Broderick as head writer.

"All My Children" is produced in Los Angeles and airs Monday-Friday at 1 PM ET.