Hi. We had a person really good with money (investing and saving) and familiar with trusts to be trustee if both of us were gone. My one sister said she would take my daughter - she will have to work with the trustee when/if she needs money. My sister has older kids (in college vs our daughter who is 11) and I was tempted to have a friend who has kids the same age take her. We needed to decide how much our daughter would get, and at what age (I think we went with some at 21, some at 25 and the balance at 35). In the event all three of us perished, we had 10% go to our favorite charity and the balance split among the nieces and nephews (all of whom are in college and beyond) and not to our siblings.