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The video tutorial on PDFRun provides guidance on creating and filling out a Last Will and Testament, a legal document that specifies the distribution of your properties and guardianship of your children after your death. It details how to outline your assets and belongings, as well as your final wishes. To ensure its legality, you must sign the document in the presence of witnesses and comply with your state's laws. The video emphasizes the importance of a Last Will, explaining that without one, the state will decide the distribution of your properties and guardianship, highlighting the significance of this legal document in protecting your intentions for your estate and loved ones.