Will Smith: 'No Emancipation For The Smith Kids'

Access Hollywood
Will Smith and Jaden Smith pose for photo during the 'After Earth' Press Conference at the Ritz Carlton Tokyo on May 2, 2013 in Tokyo, Japan -- Getty Images

Will Smith and his son, Jaden Smith, are clearing up emancipation rumors.

Following a report that Jaden, 14, was looking to become legally free from his parents, the father-son duo (who are also "After Earth" co-stars) set the record straight on Wednesday's "The Ellen DeGeneres Show."

"I just heard you are trying to become emancipated, is that right?" the talk show host asked Jaden.

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"See, here is the thing that you need to understand -- I'm not going anywhere," Jaden said.

"The thing that people don't get is everything at this house is free. So I can get anything and everything at his house so I'm going to be there 20, 30 more years," he continued.

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Things might change once Jaden's film career takes off.

"He says as soon as I have a movie that's bigger than one of his movies, I can get my own house," he said with a laugh.

So how did the emancipation story even get started?

"I think I made a joke in Tokyo. I mean, my baby boy he's never leaving me, ever," Will told Ellen. "No emancipation for the Smith kids."

-- Jesse Spero

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