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In this video tutorial from PDFRun, viewers learn how to create and complete a Last Will and Testament, a legal document that specifies the distribution of one's properties and guardianship of children after death. The will outlines assets and belongings, detailing how they should be allocated to beneficiaries. It is important for the Testator to sign the document in the presence of witnesses and to comply with state laws to ensure its legality. If an individual passes away without a will, the state will determine the distribution of their assets and guardianship arrangements. The video emphasizes the significance of writing a Last Will to express final wishes clearly.