As shown on the Snicket family tree, M. is the child of F. Snicket, and the (presumably eldest, seeing as their name is listed first both on the tree and alphabetically) sibling of N and O They are the cousin of G, H, I, Jacques, Kit and Lemony. This would make Beatrice Baudelaire II their first cousin once removed.
One theory is that M is Miranda, and O is Olivia Caliban, as they are both close relatives; as there are many interconnected VFD families, it would make sense for the Calibans and Snickets to be related. This would also make Friday Caliban part of the Snicket family tree, as Miranda's daughter.
Another theory is that M, on the family tree, is Monty Montgomery, which could make N or O Monty's sister. Outside of the initial and the fact that Monty has at least one sibling, there is not much evidence for this theory.
|A. Snicket||B. Snicket||Chas. Snicket|
|D. Snicket||E. Snicket †||Jacob Snicket †||F. Snicket|
|G. Snicket||H. Snicket||I. Snicket||Jacques Snicket †||Kit Snicket †||Lemony Snicket||M. Snicket||N. Snicket||O. Snicket|
|Beatrice Baudelaire II|