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In this video tutorial from PDFRun, viewers are guided on creating a Last Will and Testament, a legal document that dictates the distribution of properties and guardianship of children after one's death. The Will specifies assets, belongings, and final wishes, ensuring they are allocated to designated beneficiaries. To be valid, the Testator must sign the document in the presence of witnesses and comply with state laws. Without a Last Will, state laws will determine the distribution of assets and guardianship arrangements, underscoring the importance of having a Will in place.