Alternative Beneficiaries
The thought of assigning an alternative beneficiary is sound for there is a chance that a sole beneficiary would not survive you is there. A beneficiary can be anyone, your spouse, your child and just about anybody you desire. In case your designated beneficiary is not legally able to take control of your estate, then you might find it good to make a living will or trust for her benefit to allows the courts to manage the estate till they come of age. Legal advisers specialized in estate planning will be your best bet to get the best options available and to ensure that the provisions of your documents are up to legal standards or you lose transferring them all over to the state overriding your will.
Beneficiaries can also be a professional fiduciary such as banks who can hold and manage your estates in case you are worth a sizeable amount of financial wealth. There is no legal barrier that states who is chosen just as sure you are sure the chosen beneficiary is honest and responsible enough to manage your estate. A living trust however has a very important difference in the control of your assets, a living will has the defined beneficiary taking control of your estate even while you are living should you decide not to take on the role as trustee yourself. it would be nice to have one should you be rendered unable to legally handle your affairs due to a myriad of unfortunate events, death being one of them and it is quite fast compared to resorting to the probate courts management.