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In this PDFRun tutorial, viewers learn how to create and complete a Last Will and Testament, a crucial legal document outlining the distribution of assets and the guardianship of children after one's death. The video explains that the document details personal possessions and real estate, specifying how they should be allocated to beneficiaries, and can include final wishes for loved ones. To ensure its legality, the Testator must sign the document with witnesses and have it notarized according to state laws. The tutorial emphasizes the importance of having a will, as dying without one results in the state determining the distribution of assets and potential guardianship issues.