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In this video, Jess from Magnolia Signings discusses the Affidavit of Fifth and Airship, a form from the Department of Treasury necessary for managing assets of a deceased relative, like land or other properties. Jess emphasizes that the form consists of two pages and can be filled out online. Key points include the importance of indicating "not applicable" for any items that do not pertain to your situation and the requirement to sign the document in the presence of a notary. Jess encourages viewers to check the video description or comments for a link to the form.