A second source has also come forward stating Smith has received plenty of support from his family and they are "working through it all".
"They are a strong family unit, and they support Will 100 per cent."
Smith made headlines last week when he hit Oscars presenter Chris Rock after the comedian made a G.I. Jane joke about Pinkett Smith's bald appearance.
The French Prince of Bel-Air actor then sat down and aggressively shouted at Rock, "keep my wife's name out of your f***ing mouth". Smith later won the best actor Oscar.
The fallout has continued to rock Hollywood with many condemning Smith for his actions including the Academy which resulted in Smith announcing his official resignation from the Academy of Motion Picture Arts & Sciences.
He stated that he has chosen to resign, calling his actions "shocking, painful and inexcusable" and added that he will submit to any further consequences the Academy deems necessary.
The Men in Black actor also took to Instagram with an apology where he called his actions toward Rock "wrong" and admitted he was out of line.
Smith's family members have since shared their reactions on social media. Jaden, the actor's second son, posted to Twitter immediately after his father's outburst saying, "And That's How We Do It".
Meanwhile Willow, Smith's only daughter, shared two cryptic tweets over the weekend. She said, "The meaning of life is found in challenge" following up with, "Life is a series of reactions".
Jada Pinkett-Smith has also responded to the controversy surrounding her husband with a post on Instagram saying, "This is a season for healing and I'm here for it."
The news comes amid further humiliation for the actor after his wife's ex-lover, August Alsina, is said to be addressing his public affair with Pinkett Smith in an unreleased song and a rumoured tell-all book.
In a post to Instagram, Alsina shared a preview of his yet to be released song where he is heard singing, "'Well, of course, some s*** is bound to go down when you tangled up with the world's favourite."
While a source told The Sun, "August is getting ready to sign a big-money book deal which will detail his romantic liaisons with Jada."
The Smiths are yet to comment.
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