The drama continues for Morgan Freeman.

Days after he and Demaris Meyer, a family friend, were involved in a very serious car accident, Freeman's business partner says the acclaimed actor and his wife of 24 years, costume designer Myrna Colley-Lee, have split.

Mississippi-based attorney Bill Luckett tells Access Hollywood that the couple "are involved in a divorce action."

Luckett adds that "for legal and practical purposes, [Morgan Freeman and Myrna Colley-Lee] have been separated since December of 2007."

The couple met in 1976 when both were working off-Broadway. Morgan Freeman has four children from previous marriages.

The news comes as Morgan Freeman is recovering in a Memphis hospital following his accident Sunday. His rep said the actor is "doing well" after doctors reconnected nerves and repaired damage to his left arm and hand Monday.

He is expected to be released in a few days.