I did that several years ago, not because I planned on going anywhere but because I wanted my mom to hand quilt them. My first two grandchildren came by marriage and we weren't lucky enough to know them as babies. I hoped there would be more but did not know. I made a boy and girl quilt and my mother quilted them. She's still with us but had a stroke and would find quilting difficult today (although she knits like a demon!). I put them away for whenever.
Two weeks ago, our daughter had a baby girl and cried when I gave her the quilt made by grandma and great-grandma. Preparation is never wasted. Enjoy!