Bruce Jenner’s increasingly feminized appearance has been the subject of tabloid covers for months. And now People confirms that the former Olympian will soon be living life as a woman.

"Bruce is transitioning to a woman," reveals a source close to the family. "He is finally happy and his family is accepting of what he's doing. He's in such a great space. That's why it's the perfect time to do something like this."

Another insider says the 65-year-old reality star is also filming a docu-series that will be shown this year.

"It will air when he is ready to be open about his transition," the source tells People. "But he's acting more and more confident and seems very happy."

The insider also divulges that Jenner has slowly been transitioning in part so that his family would have time to adapt.

"He's being very smart about and also respectful about his transition," the insider says. "Instead of completely shocking everyone, his changes have been subtle, and his family has had the chance to slowly get used to his new looks and life."

And his family, including children Cassandra, 34, Burt, 36 (with ex wife Chrystie Crownover ) and sons Brandon, 33 and Brody, 31 (with ex wife Linda Thompson), as well as daughters Kendall, 19 and Kylie, 17 (with Kris Jenner) are supportive of their father and want him to be happy.

But reportedly not everyone in the family is pleased.

"It is an intense thing,” admits a family source. “Of course not everyone is 100 percent on board. Different people have different reactions. But everybody loves him."

Jenner has reportedly come out to those closest to him and he’s thrilled.

"He's so happy and excited,” said. “He gets to lay down a huge bag of bricks. He's been through a dark period and is coming out on the other side."

Jenner’s reps did not respond for comment.