I have four sisters, so we exchange gifts with them. They usually stop over my house, or my husband and I will stop at theirs to drop off their gifts. Here at home, everyone has their own pile of presents, with their stocking sitting by their pile. My husband and I and my step sons, and daughter in law sit in the livingroom together and we open our gifts. My husband and i do exchange one gift on Christmas Eve. My husband and i save our stockings to open later in the day after dinner. it gives us something to look forward to.