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In this PDFRun tutorial, viewers learn how to create a Last Will and Testament, a legal document that specifies the distribution of one's properties and guardianship of children after death. The video explains that the document details assets and belongings, outlines wishes for beneficiaries, and must be signed by the Testator with witnesses to be legally valid according to state laws. The importance of having a Last Will is emphasized, as dying without one allows the state to decide on property distribution and guardianship, which may not align with the deceased's wishes.