I think it all depends on how supportive a parent is, but I think many would be really upset at their child trying to re-write memories, honestly. My mother's fairly supportive of my transition, but something like that would make her absolutely miserable. What I've heard from her and other parents of transgender people is that transition is very hard for them because while they want to respect our identities, their identities as the parent of children of a certain gender (in my case, my mom had one son; my brother, and one daughter and of may many cousins in our close-knit family, I was the 'prettiest', so she was very proud of that) are something they're attached to. If the parent is still in the stage of grieving over the loss of a daughter, this sort of thing could be viewed as antagonistic, and the holidays is probably the worst time to try to make a point like that if it's still a sore spot for her. It could be your mom would think it's very thoughtful though, you know her better, obviously. Do you have any siblings that you could run the idea by? The intentions are very good, my concern is only that it may not be seen that way by her. :/
I do think it's a cute idea though, selecting the photos that best represent you and your family happy together but without you being forced into a role you weren't comfortable with. I don't think that would even work for me, like every photo in my baby book is me in some frilly nightmare of a dress, haha. It doesn't really matter to me though, I'm just happy to have had a family that loved and cared for me so much growing up. My mother and I were close and it made me happy to make her happy, even if it was acting girly. That's over and I have to be my own person now, but the memories aren't painful for me anymore, maybe just a bit bittersweet.