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In this video tutorial from PDFRun, viewers are instructed on creating and completing a Last Will and Testament, a legal document that governs the distribution of one's properties and belongings after death, as well as guardianship of children. The Will details assets and how they should be allocated to beneficiaries, along with any final wishes. For the document to be valid, it must be signed by the Testator in the presence of witnesses and comply with state laws. The tutorial emphasizes the importance of having a Will; without one, the state determines asset distribution and child guardianship, which may not align with the deceased's wishes.