The latest Episode VII rumors come to us courtesy of Nerdvana (via Club Jade). They have a source who is reporting that the first sequel will focus on the "child and grandchild" of Han Solo and Leia Organa. This source also says that Episode VII will be released on May 29, 2015, and that Mark Hamill, Carrie Fisher, and Harrison Ford "all have contracts now."
There's more rumor material over at Nerdvana, including stuff about the rumored Yoda spinoff and three new Timothy Zahn books. As always, we remind you that these are only rumors at this point.