Diane Ladd had only two daughters from her first husband, Bruce Dern. Although Diane married three times during her lifetime, she did not share any other children with her last two husbands. Ladd and Dern welcomed their first child, Diane Elizabeth Dern, but she unfortunately passed away at 18 months after a drowning accident.Five years after the tragic accident, Ladd was pregnant with her second daughter, Laura Dern. Laura grew up and made a name for herself in Hollywood. She followed her parents' footsteps and received an Academy Award, a Primetime Emmy Award, a BAFTA Award, a Screen Actors Guild Award, and five Golden Globe Awards for her work.Keep reading to learn more about Diane and her children.All about Diane Ladd's two daughtersDiane Ladd had two daughters: Diane Elizabeth and Laura Dern. However, her first child passed away during a drowning accident. Ladd finally opened up about her first child during an interview with CBS News two years ago.She said:"She fell into the pool. She hit her head and knocked herself out. And it all happened instantly. And she died, and you will never get over that."At the time of Diane Elizabeth's accidental drowning, she was with her babysitter. Diane and Bruce were married for only two years before their daughter's death.Diane was haunted by her daughter's death. She said to CBS News:"I don't care what you say to yourself. I don't care who says what. The child is not supposed to die before the parent."Bruce spoke to PEOPLE more than three decades ago, and said:"It was awful... It was very, very tough. I don't think Diane and I had a chance after that."Laura Dern is Ladd's only surviving daughter. At 58 years old, Laura has made a name for herself in Hollywood. She has appeared in some widely known films and television shows, including Marriage Story, Big Little Lies, Afterburn, Recount, and more.She also worked on a book with her mother that was published two years ago. The book is titled Honey, Baby, Mine: A Mother and Daughter Talk Life, Death, Love (and Banana Pudding).Laura Dern breaks the news of Diane Ladd's passingLaura Dern decided to announce her mother's death via a statement on a news outlet. She wrote:"My amazing hero and my profound gift of a mother, Diane Ladd, passed with me beside her this morning, at her home in Ojai, California... She was the greatest daughter, mother, grandmother, actress, artist and empathetic spirit that only dreams could have seemingly created. We were blessed to have her. She is flying with her angels now."Diane Ladd's journey as a mother was marked by both deep loss and immense pride. Though she endured heartbreak, her legacy continues through Laura, who carries forward her spirit and talent.