that's a nice and smart move from you, props to you.
Saving something every months (fiat, btc) for our childrens it's the best way to give them something to start with, you never know what's the future holds and if now we are able to save something that's something that everyone should do, think about our childrens!
I would buy an hardware wallet in a security box in a bank (or hidden somewhere safe aka fireproof, waterproof, dustproof, etc.etc.) with the instructions and give all the details to another trusted person, that's it.
I do not have a family, so Bitcoin has not thought about it because it's too far away, Bitcoin is growing, and in the future, it has more people interested and more investors, now Many hackers are active, and if you store your Bitcoin they may attack