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In this video tutorial from PDFRun, viewers learn how to create and fill out a Last Will and Testament. This legal document specifies the distribution of one's properties and assets, including real estate and personal belongings, upon death, as well as guardianship arrangements for any children. It also allows individuals to convey their final wishes to loved ones. To ensure the document is legally valid, the Testator must sign it in the presence of witnesses and comply with state laws. The video emphasizes that without a will, the state determines the distribution of assets and guardianship of children.