The news was reported by OK! Magazine. "They've been talking marriage for a while," a source close to Reese says. "They'll be formally engaged any day now. They want to spend the rest of their lives together."

But Gyllenspoon won't be moving in together and having kids before tying the knot.

"This is a very serious relationship," Reese's pal adds. "But Reese is very conservative and traditional. I'm sure she doesn't want her kids to see her 'living in sin.'"

DO YOU THINK Reese and Jake will get married before the end of the year?

(Source: Just Jared)