Reports ran rampant yesterday after InTouch Weekly reported that superstar couple Will and Jada Pinkett-Smith were separating. The couple released a statement saying that all is well on the homefront, and now they might be involving their legal team to take care of the false report.

“Will and Jada are not splitting and they’ve already got their legal team involved. Like any other A-list couple they’re used to inaccurate reports sometimes, but when it comes to their marriage, they don’t appreciate anyone demeaning it.”

According to the source, the power couple has discussed the report with their legal team and will privately decide how to proceed.

“They’re good sports and they’re laughing about it, but they have to talk about it with their legal council to protect themselves,” the source said.

Will and Jada issued a statement Tuesday afternoon, blasting the report, that was published in In Touch Weekly magazine, saying: “Although we are reluctant to respond to these types of press reports, the rumors circulating about our relationship are completely false. We are still together, and our marriage is intact.”

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Although Will Smith and Jada Pinkett Smith have publicly stated that their “marriage is intact”, In Touch is sticking to their story. Will and Jada’s marriage is in trouble.

According to ITW, Will had been growing suspicious of wife Jada Pinkett and her ‘HawthorRNe’ costar Marc Anthony . He feared Jada had grown “uncomfortably close” to the singer, who at the time was still married to Jennifer Lopez. “Will expressed worry to some close to him that there was more than just on-set chemistry between Jada and Marc,” the insider tells In Touch.

So when Jada told Will she needed space and moved from their Malibu mansion into their Hidden Hills estate — and began spending more time traveling without the family — Will grew increasingly paranoid. In early August, he decided to confront his gnawing doubts about Jada and made a surprise visit to his wife. And, sadly, his suspicions were seemingly confirmed. “He left crying,” the insider confides to In Touch. “He was very upset. He said Marc was with Jada.”

TMZ is also reporting that Will and Jada are in trouble. They claim that a split is still a huge possibility.

Will Smith and Jada Pinkett Smith are having significant problems in their marriage, but they have NOT made a decision to separate … at least not yet — this according to sources connected with the couple.

Reports have been swirling that the couple has separated. We’re told it’s “definitely a possibility” but they haven’t pulled the trigger. In fact, we’ve learned Will, Jada and their kids are going away together soon — as a family. Our sources would neither confirm nor deny if the trip is a last ditch effort to save the relationship.

We also asked our sources about the somewhat curious statement from Will and Jada, that their marriage is “intact.” Specifically, why didn’t they go the more traditional PR route and say they’re still in love and committed to each other? Our sources privately said, the language was carefully constructed.

Man, I will be so surprised if Jada did have a relationship with Marc. I just find him so gross, and not attractive AT ALL. I can’t imagine a world where someone leaves Will Smith for the weasley looking Marc Anthony. It makes no sense!

Source, Source, Photos: Fame

Through their publicist, Will and Jada Pinkett Smith have released a statement regarding the In Touch Weekly report this morning that they were separating.

“Although we are reluctant to respond to these types of press reports, the rumors circulating about our relationship are completely false. We are still together, and our marriage is intact.”

According to In Touch Weekly, Will Smith and Jada Pinkett are separating! TMZ reached out to Pinkett’s rep for confirmation, and he said “What? In Touch said that? I know nothing about this… Lord. I’m going back to bed.”

The pair, who met when Pinkett auditioned for “The Fresh Prince of Bel Air,” married on December 31st, 1997. They have two children together, budding pop stars Jaden and Willow, and Pinkett is the step mother of Smith’s older son from a previous marriage, Trey.

Speaking to YourTango in 2007, Pinkett described how they first got together.

“After we had known each other for many years, we went out for dinner one night with mutual friends and I saw that he had grown from this lanky kid to this really responsible man,” she said. “We started courting each other and our friendship turned into romance.”

RELATED: Will & Jada admit they have an open marriage!

In 2008, Smith spoke with Ellen Degeneres about their marriage, which he implied would last forever.

“What I found is divorce just can’t be an option,” he said. “It’s really that simple. And I think that’s the problem with L.A. – there are so many options. So a huge part of the success for [Jada] and I is that we just removed the other options.”

Whether it was cause or effect is uncertain, but that dedication certainly coincided with an active sex life, including a romp on the way to the Oscars in 2010.

Speaking to Uptown Magazine in June, Pinkett said, “People think that Will and I don’t spend a lot of time together. Too much time, actually, if you ask me. It’s always nice to have a little time apart. Sometimes you need that.”

I really hope this isn’t true! They were one of those Hollywood success stories!

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Jada Pinkett-Smith’s 14-year marriage to Will Smith is one of the longest lasting in Hollywood. She opened up to Uptown Magazine as to how she keeps her marriage strong.

The actress revealed in a new interview: ‘People think that Will and I don’t spend a lot of time together. Too much time, actually, if you ask me…

‘It’s always nice to have a little time apart. Sometimes you need that.’

Jada made her revelations to Uptown magazine, posing on the magazine’s front cover in a black swimsuit.

The 39-year-old also talked about prioritising her children, pop star Willow, ten and actor Jaden, 13.

‘There was a time when all I had to worry about was myself. I’d get offers to do things – to go to Bolivia for three months or go to Prague – and now it’s like, I can’t.

‘It’s not about me anymore, it’s about me being there for my kids. And there’s no one else I would leave that job to.’

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Photos: Fame

Actor, producer, and legendary hip hop star Will Smith was spotted donning his official Men In Black suit, as he was spotted filming the third installment of series in New York today. In true Will fashion, he posed for pictures and signed autographs with fans during his break time.

Fun!