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In this video tutorial from PDFRun, viewers are guided on how to create and fill out a Last Will and Testament, a legal document that specifies the distribution of properties and guardianship of children after one's death. The Will outlines assets and belongings along with instructions on how they should be distributed to beneficiaries. It allows individuals to express their final wishes clearly. To ensure its legality, the Testator must sign the document in the presence of witnesses and adhere to state laws. If a Last Will is not created, the state will determine the distribution of assets and guardianship.