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In this introductory video, the presenter welcomes viewers to their channel and discusses the creation of a DIY last will and testament. They explain that a will allows individuals to control the distribution of their estate after death, including property, vehicles, and savings. In the Philippines, there are two types of wills: the notarized will, which requires legal assistance due to its formal requirements, and the holographic will, which can be written by the individual. The law states that a holographic will must be entirely handwritten and dated, allowing for a simpler process without needing a lawyer's help.