Need grammar help on "plural" possessives.

You’re asking about style, not grammar, so you’ll not find a factual answer here unless you’re writing to a specific style guide. There are ways to completely remove ambiguity, but as noted, those constructions can feel awkward.

Depending on audience, it’s quite ok to assume some knowledge, e.g. that Alice and Bob are siblings and that they, separately, have children.

This is what I was going to suggest. (I’m a professional copy editor and writer.)