FALSE ALARM! BRAD & ANGELINA ARE NOT BREAKING UP! THEY MET WITH LAWYERS TO PROTECT THEIR $330 MILLION!

Don't hold your breath, Jen: We hear Brad Pitt isn't planning to come a-knockin' - just yet, anyway.
After days of speculation about a possible breakup between Mr. Pitt and his other half, Angelina Jolie, word is surfacing that the power couple did indeed visit a high-powered L.A. lawyer last week - but only to cover their assets.

"They aren't married, so they need to protect their children and property in case there's a rift in the future," a source says.

That certainly makes sense, considering the two are worth a whopping $330 million combined.

So why are rumors of a breakup running rampant?

"People hear 'legal papers' and assume it means a divorce," our snitch continues. "But it could mean exactly the opposite. Either way, they're making sure to get their ducks in a row, which they'll need whether they split or stay together forever."

That's not the only reason for so many whispers: Rumors started swirling when the couple was a no-show to a pair of recent award programs.

"There was a lot of talk when they didn't attend the Globes or the SAG awards this past weekend," says the insider.
"But that's not entirely out of the ordinary for them. Although 'Inglourious Basterds' was nominated, Brad wasn't up for anything individually, and neither was Angelina. Besides, they're Brangelina. They can do whatever they want."

Most recently, that includes adding a $1.1 million mansion to their five-house compound in Los Feliz, Calif. While naysayers speculate it could be a bachelor pad for Brad, staffers at the Waldorf-Astoria in NYC - where the A-list duo stays regularly - believe Jolie-Pitt are very much still intact.

"They always seem happy and busy with the kids," one staff member told us Tuesday, adding that Brangelina most recently visited in November. "And they're never here apart."