The two actors will present "Hollywood Dynasty: The Hustons" on April 24. The tribute will include screenings of three films and question-and-answer sessions. The festival, which is open to the public, will be held April 22-25 in Los Angeles.
Among the featured films is a recently restored version of 1948's "The Treasure of the Sierra Madre," which John Huston wrote and directed.
"So many films get forgotten about and deteriorate, so it makes my family and myself very happy to see the kind of restoration Turner (Classic Movies) puts into these movies," Anjelica Huston, 58, said Wednesday in an interview. "It's very exciting, like a renaissance."
Huston said this is the first time that she and her brother Danny will have films in the same festival, and that having their work shown alongside their father's "makes us feel sort of dynastically active, so it's a lovely thing."
Huston said she's particularly pleased that her father's work is being preserved and can reach new audiences.
"My father's films are still very much a part of the American conscience," she said. "It's so encouraging to see these films reissued."