Lots of good ideas here, Kim. If the parade is primary, Frontierland or Liberty Square. Looks from your avatar you may have young ones. A little bit more distant from the fireworks might be desirable, the little ones sometimes get scared of the big booms. Where you are in FL or LQ for the parade would keep you a bit distant from the fireworks as compared to the hub or Main Street area.
Here is a map to help you locate areas.
http://allears.net/tp/maps/Magic-Kingdom-map.pdf
And get ready to make many of those first time, life long family memories.