Video Related To: Elizabeth Taylor Oscar Winning actress died today at Los Angeles

Breaking News: Taylor died early Wednesday morning. She's been hospitalized for a while at Cedars-Sinai Medical Center in Los Angeles. Taylor's publicist says she was "surrounded by her children -- Michael Wilding, Christopher Wilding, Liza Todd, and Maria Burton." Taylor died of congestive heart failure, a condition with which she had struggled with for many years. A rep says Taylor died "peacefully today in Cedars-Sinai Hospital in Los Angeles." The rep adds, "Though she had recently suffered a number of complications, her condition had stabilized and it was hoped that she would be able to return home. Sadly, this was not to be." Someone at the hospital Tuesday night tells TMZ ... doctors knew at around 6 PM that Taylor was dying. Taylor was considered one of the greatest actresses of all-time -- starring in classics like "Cleopatra" and "Cat on a Hot Tin Roof." She won an Academy Award for best actress twice for her roles in "BUtterfield 8" and "Who's Afraid of Virginia Woolf?". Taylor, who was married 8 times -- twice to Richard Burton -- is survived by 4 children, 10 grandchildren and 4 great grandchildren. We've learned Taylor has a plot next to her parents at the Westwood Village Memorial Park Cemetery in LA Among those who are buried or interred there -- Marilyn Monroe, Natalie Wood, Truman Capote, Farah Fawcett, Dean Martin and Walter Matthau.