I started buying annual ornaments for friends' children some years ago. I write the year on them and ship them out. Altoid gets her own this year.
Next year it looks like I'll be adding her cousin to my mailing list.

THe first year ornament is the only expensive one - its a silver plated cradle with baby's name and birthdate.
Tree goes up Thanksgiving weekend. If I dont get it in place then, it never goes up, due to the load of holiday concert commitments etc (It was bad enough when it was just my schedule. OT's is brutal!) It comes down on Jan 1, usually while I watch the Rose Parade on TV. Ditto - if it doesnt happen then, it wont happen til Presidents Day.
We also opened one gift each (my sister and I) on Xmas eve, and it was new PJs, so we'd look good in the photos the next morning.
I think we picked up a new Thanksgiving tradition this weekend. One of Altoid's Aunts on OT's side made the-best-bar-none yams I have ever eaten. They are so good I'll probably serve them year round! I'm afraid to look at the recipe to see how much sugar and butter is in them.
Altoid - curiously strong.