On Christmas Eve, we spend time with my mom's side of the family and have a traditional Italian dinner. On Christmas Day, we open presents with the kids in the morning after breakfast, go to church, and depending on who's turn it is, we go to my grandmother's or to my mother-in-laws.
This year, we'll be spending time with my mother-in-law and my husband's side of the family. We'll eat at his brother's house and each of us will bring food so we don't burden any one person with all of the cooking/preparing and we can all have a nice time. After dinner and dessert, the kids will all open their presents. We'll just spend the rest of the day enjoying each other's company.
All this, of course, happens with a bit of Bing Crosby playing in the background. :)