My Overflow: I bought an SOS overflow and it has worked wonderfully after they replaced a damaged U-tube (plastic weld failed and therefore failed to keep vacuum when trying to draw siphon over tank wall.
Basically you'll need two box like compartments - one in the tank with teeth, gutter guard, or some method of allowing water through but not critters like snails or fish, the other one outside the tank with piping/tubing connected to drain the water to the sump. These two boxes should be connected some how. Then the key and tricky part is the overflow part which takes the water from the inside tank box to the outside tank box. This is what I call the U-tube. The key is to keep this primed at all times for a power failure could cause levels to drop and prime to be lost. If designed correctly this will not happen. I have a dedicated powerhead drawing a vacuum via the attached venturi (if you can call it that - at least it is in general principle) and it sits inside the outside box as it created too much violent, jet-like flow in my main. Others I've seen are using lifter type pumps to keep the U-tube primed. The big picture here is the U-tube is where this device fails. If power goes out and it loses prime and subsequently power returns: the main tank overflows. Further, the lack of the siphon break on the sump return line(s) (if they are submerged below main tank water level) will cause water to drain from main to sump and overflow that way. I've got, I think, a 3/16" hole (actually two in mine as since it's near the surface algae over time tends to clog the hole.) Easy enough to clean but I don't want it to fail when I need it to work.
Once you get everything set up and flowing, do a trial run and let the return pump lose power. Your overflow will drain a bit, sump level will rise slightly until the siphon break hole on the sump return has a chance to work, and hopefully the U-tube prime stays. Then restart the pump to ensure it will restart after shutdown - some cheap ones fail to restart immediately and others may, over time, fail to restart if you drip kalk or add other mineral sumplimentation to your tank. After the sump pump restarts then ensure the system overlow restarts and water flows into the sump.
I have two drains in my overflow. SOS has a their silencing device on one side and a slightly higher no obstruction tube overflow on the other. This is such if anything clogs or prohibits flow on the main silent tube then the water will still have a way to make it back to the sump without problems. This of course will be slurpy and loud so you'll know to check it out. I would recommend having two overflow pipes in your outside box just to ensure if one should fail, you'll have a backup.
There are ways to make your own overflow and stockman and other types of PVC pieces can be made to minimize the noise from the drain tubes. But since this is your first setup - I would go with a retail overflow so you know what you're getting and can know that it should work.
PM me and you're more than welcome to come by and see my setup sometime.