Jaden Smith talks emancipation: ‘I’m not going anywhere’

Jaden Smith and Willow Smith arrive at the 2013 Kids Choice Awards in Los Angeles, California March 23, 2013. (Reuters)

Jaden, left, and Willow Smith, son and daughter of Will Smith and Jada Pinkett Smith, arrive for the gala presentation of the film "Free Angela and All Political Prisoners" at the 37th Toronto International Film Festival, September 9, 2012. (Reuters)

On the Ellen DeGeneres show on Wednesday morning, Jaden Smith, 14, and his father Will addressed rumors that he was seeking emancipation from his famous parents.

“Here’s the thing I need to explain: I’m not going anywhere,” the teen actor told DeGeneres.

He said he plans to stay at his parents’ home because it is very convenient for him.

“The thing that people don’t get is that everything at his house is free. So I can get anything and everything I want at his house. So I think I’m going to be there for 20 [to] 30 more years. [Will Smith] says as soon as I have a movie that’s bigger than one of his movies then I have to get my own house.”

Reports that Jaden was hoping to leave home began swirling after Smith reportedly told The Sun: “I know if we do this, he can be an emancipated minor, because he really wants to have his own place.”