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In this video tutorial from PDFRun, viewers are guided on creating a Last Will and Testament, a legal document that dictates the distribution of one’s properties and guardianship of children after death. The Will details assets, belongings, and final wishes for beneficiaries. To ensure the document is legally binding, the Testator (creator of the Will) must sign it in the presence of witnesses according to state laws. The video emphasizes the importance of having a Will, as dying without one means the state will decide the distribution of assets and guardianship, which may not align with the deceased's wishes.