Wedding bells will ring in the near future for Justin Timberlake and Jessica Biel, who became engaged over the Christmas holidays in 2011. While JT and JB broke up a year ago at this time, they’re wasting no time sealing the deal and making it official. They’ll be Mr. and Mrs. in time.

A source told Us Weekly that the couple will wed later this year, so it’ll be a quick engagement. Despite a relatively short engagement period, the couple did date on and off for five years, so they have a lengthy, rich history.

An insider close to the situation said, “The big day’s this summer at a private estate.”

The source shared that Biel already knows which designer she wants to create her gown and it’s not perennial wedding fave Vera Wang, either. The source said, “Monique Lhuillier is her No. 1 choice for the dress.”

While Timberlake’s grandmother confirmed the news of the engagement, he and Biel have not spoken much about it at all. She was seen at a ‘SNL’ afterparty in New York on Feb. 18, where a witness described her ring as looking “vintage” and that it “might have been custom made.” The rock was also characterized as not huge. It’s not the size of the… that counts.