Julianne, without knowing exactly what's been stipulated in your release, it still seems as though you haven't covered the scenario in which you actually sell the portrait for profit. You need to be careful because the child and her mother do have privacy rights. Here's what I use in situations where I'm contemplating selling the work or a print of it:
"Release Form for Models (Minors)
I, X, do hereby give Leslie M. Ficcaglia, her assigns, licensees, and legal representatives the irrevocable right to use my daughter X
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