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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 a person's properties and assets, including real estate and personal possessions, after their death. It also addresses guardianship for any children. The video emphasizes the importance of detailing final wishes and the necessity for the document to be signed by the Testator and witnesses to comply with state laws. Without a valid Last Will and Testament, the state determines asset distribution and guardianship, which may not align with the deceased's preferences.