The newly engaged couple of seven years has finally decided to tie the knot after about six months of planning for the sake of their children.

Their spokesman announced the news Friday: Yes, it's confirmed. It is a promise for the future and their kids are very happy.

Indeed, the much-awaited wedding ceremony of Hollywood's most famous couple is likely to be a million dollar affair.

Recent reports have said that the duo has planned a grand wedding ceremony at a private chapel on their 35-million-pound estate near the village of Correns, in southern France.

They are flying in 200 to 300 guests, a source close to the couple was quoted as saying by UK's daily Express.

Earlier, Brad's manager Cynthia Pett-Dante said that there is no wedding date set at this time. However, if the latest bit is to be believed, Brangelina will get hitched by this summer.

Apparently, the duo has spent millions to renovate their 35-room village retreat- the Chateau Miraval, where the guests are likely to relish exquisite wines from their own vineyard. Well, that seems quite likely from the lover who has shelled out whopping $250,000, just on an elite large diamond engagement ring, specially designed for her sweetheart.

Also, the couple is planning to move to Richmond for two years, as Jolie is shooting three movies in the UK, IMdb reported.

According to the source, the august guest list so far includes George Clooney, Jonny Depp, Tom Cruise and several other Hollywood biggies.

And, not to forget the most anticipated guest, Pitt's ex-wife - Jennifer Aniston, who is apparently quite happy for them and might personally attend their wedding to bless the couple. An insider told HollywoodLife that it wouldn't be a surprise if she attends their wedding.

The 43-year-old Friends star is leading a blissful life with beau Justin Theroux and has no qualms about her ex-husband's lifelong union with the woman who stole him from her.