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In this video tutorial from PDFRun, viewers are guided on creating and completing a Last Will and Testament, a legal document that outlines the distribution of your assets and guardianship of children after your passing. The Last Will specifies your properties, belongings, and any final wishes you want to convey to loved ones. To ensure its legality, the Testator must sign the document in the presence of witnesses and comply with state laws. The video emphasizes the importance of having a will, as dying intestate (without a will) means the state will decide how to allocate your assets and guardianship.