There's a couple of different issues here. One is the apple ID that was used to set it up in the first place. You will have to wipe it and set it up again with her apple ID to get rid of that (you'll need to enter your apple ID/password due to activation lock, but after that, use hers). Since she's your daughter, I would suggest not doing this, and only doing it if for some reason she needs to wipe it and set it up again.
To change over to her apple ID without wiping, identify where you need to change your Apple ID. The big ones are iCloud, Messages, Facetime and the App/iTunes Store. Others might be Notes, Mail, Wallet, GameCenter, Facebook, etc., anywhere you might have used your email or otherwise have personal information. You wouldn't need to do a full wipe and resetup just to do this. Just sign your apple ID out, and hers in. As for her music and games, if they were purchased on your apple ID, you might look into Family Sharing. There isn't any way to move them to her apple ID, but with Family Sharing, she can use your stuff. The phone may squawk and want you to enter your apple ID/password when doing things like restoring, but for the most part it shouldn't be a problem. New stuff should definitely go on her apple ID.