This is a good article with helps for setting up family Bible and prayer time (aka, the family altar). The guy who wrote this has kids basically the same age as mine and he really offers some nuts and bolts help for getting into this important routine. Although my family prays together before each meal, for special occasions (trips, sickness, etc) and with each child individually at night, we have had a challenge over the years getting into a successful routine of explicit nightly family worship.
Now that we have this as part of our routine, I find it not only a holy time together, but that it helps calm the busyness of the evening. Worship with your family together around a shared meal, work and play together, and have some Bible and prayer time together. As the author says, probably the most important work we will ever do.
http://theresurgence.com/how_i_pastor_my_family