We enjoy celebrating the Twelve Days of Christmas. We started celebrating Epiphany before we started celebrating the Twelve Days because we read somewhere about another family's Epiphany traditions that we wanted to add to our family's collection of traditions.
We started our celebrating Epiphany by moving our wise men slowly from Christmas to Epiphany towards the nativity set. We have quite an entourage of wise men. I think that we have about 8 of them along with a couple of camels and an alpaca. Sometimes the elephants join the entourage too ;)
On Epiphany we generally eat Chinese take out (because the wise men came from the East) and we usually give each of the kids 3 small gifts (because the wise men brought 3 gifts to the baby Jesus).
The last couple of years we have been in Wyoming for Christmas so on Epiphany is when we gave our kids the gifts that we had gotten for them.
A few years ago we picked up The 12 Days of Christmas the story behind the favorite christmas song at a book closeout store and we have enjoyed reading through it with the kids on the twelve days between Christmas and Epiphany. The premise behind the book is that it is a song to teach children basic Christian beliefs. Here is the run down that I've posted on facebook based on these readings and my own thoughts about them: