The news comes after Williams was spotted without her wedding band at several public outings.
"Michelle and Phil separated at the beginning of the year. It was an amicable spilt and they remain friends," a source close to the situation told People.
Williams, 38, revealed her marriage to Elverum, 40, in a July 2018 interview with Vanity Fair, sharing that they had quietly tied the knot in the Adirondacks earlier that month.
"Obviously I've never once in my life talked about a relationship," she said, telling the outlet that the indie musician moved from Washington to Brooklyn, New York, to live with her. "But Phil isn't anyone else. And that's worth something."
"Ultimately the way he loves me is the way I want to live my life on the whole," she added. "I work to be free inside of the moment. I parent to let Matilda feel free to be herself, and I am finally loved by someone who makes me feel free."
The pair was photographed for the first time together in upstate New York last September.
Williams was previously in a relationship with Heath Ledger, who died in 2008 following an accidental drug overdose. The pair shared a now 13-year-old daughter, Matilda. Elverum's marriage to Williams was his second. He was previously married to Genevieve Castree, who died in 2016. The two shared a now 3-year-old daughter, Agathe.
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Heath Ledger, Michelle Williams and daughter Matilda
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Actor Michelle Williams (L) dances on the red carpet with her fiance Heath Ledger (R), nominated as best actor for the film "Brokeback Mountain" at the 78th annual Academy Awards at the Kodak Theatre in Hollywood, California March 5, 2006. Williams is wearing a dress designed by Vera Wang and Ledger is wearing a Dunhill tuxedo. REUTERS/Lucy Nicholson FOR BEST QUALITY IMAGE: ALSO SEE GM1E62O09V301
Heath Ledger and Michelle Williams at the "Vanity Fair" OscarS Party.
(West Hollywood, CA)
Michelle Williams and Heath Ledger arrive on the red carpet. (Photo by Yui Mok - PA Images/PA Images via Getty Images)
Michelle Williams, nominee Best Actress in a Supporting Role for 'Brokeback Mountain' and Heath Ledger, nominee Best Actor in a Leading Role for 'Brokeback Mountain' (Photo by Jeff Kravitz/FilmMagic, Inc)
Michelle Williams, nominee Best Female Lead for Land of Plenty, and Heath Ledger (Photo by Ron Galella, Ltd./WireImage)
NEW YORK - OCTOBER 27: (L-R) Matilda Ledger and Michelle Williams are seen on October 27, 2009 in the Brooklyn borough of New York City. (Photo by Christopher Peterson/BuzzFoto/FilmMagic)
SYDNEY, AUSTRALIA - JANUARY 03: *** EXCLUSIVE*** Actor Heath Ledger with actress girlfriend Michelle Williams in Bondi Beach January 3, 2005 in Sydney, Australia. The pair were living in Australia and enjoyed a rare public display of their romance while overlooking cliffs in Bondi Beach, (Photo by Photonews International Inc./Getty Images)
BROOKLYN - MAY 23: (L-R) Michelle Williams and Matilda Ledger sighting on May 23, 2009 in Brooklyn, New York. (Photo by Christopher Peterson/BuzzFoto/FilmMagic)
NEW YORK - OCTOBER 27: (L-R) Matilda Ledger and Michelle Williams are seen on October 27, 2009 in the Brooklyn borough of New York City. (Photo by Christopher Peterson/BuzzFoto/FilmMagic)
SYDNEY, AUSTRALIA - JANUARY 22: Actor Heath Ledger and Michelle Williams attend the Australian Premier of Brokeback mountain at the Cinema Paris on the 13 January 2006 in Sydney, Australia. The Australian actor was found dead on his hotel floor in New York on January 22, 2008. (Photo by Mike Flokis/Getty Images)
Michelle Williams and her fiance Australian actor Heath Ledger arrive at the Independent Spirit Awards in Santa Monica March 4, 2006. Ledger is nominated for Best Male Lead and Williams is nominated for Best Supporting Female in the film "Brokeback Mountain". REUTERS/Fred Prouser
Actor Heath Ledger (L) speaks to actress Michelle Williams as they arrive at the 58th Annual Directors Guild Awards in Century City, California January 28, 2006. REUTERS/Fred Prouser
Oscar nominated actor in a leading role Heath Ledger, for his role in "Brokeback Mountain", and his co-star and fiance Oscar nominated actress in a supporting role Michelle Williams, attend the 78th annual Academy Awards nominees luncheon in Beverly Hills February 13, 2006. The Academy Awards will be given out in Hollywood on March 5. REUTERS/Mario Anzuoni
Michelle Williams and Heath Ledger during The 63rd Annual Golden Globe Awards - Arrivals at Beverly Hilton Hotel in Beverly Hills, California, United States. (Photo by SGranitz/WireImage)
Michelle Williams and Heath Ledger (Photo by Dimitrios Kambouris/WireImage for IFP)
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