What is appropriate for each client depends upon the clients circumstances.
A trust may be created in the Will to provide for children until the youngest attains age 21 or 25. This way, all of the property will be available to educate the youngest child. The older children may not receive anything until the youngest child is educated. The Trustee, a family member, friend or bank or trust company, manages and invests the property and distributes the property to or for the benefit of my children for their health, support, maintenance and education.
Guardians may be named in the Will or by a separate document to be appointed by the Court to care for minor children.
The Trustee may be appointed to receive insurance and retirement benefits for minor children to avoid a court guardianship of the estate of the minor children.