Tim McGraw's 'Live Like You Were Dying,' the Grammy and CMA Award-winning hit written by Craig Wiseman and Tim Nichols, is the basis for a new reality TV series. The show was created by Jeff Probst, best known as the host of the hit reality show 'Survivor.' Probst will also serve as host for the pilot, set to air on CBS.

'Live Like You're Dying' will feature a person who has been given a terminal diagnosis with a finite amount of time to live and "take them on the last adventure of their life," according to Probst. That adventure could include reunions with lost friends or formerly feuding family members, and a "legacy moment" that will ensure their name carries on forever by living out a personal dream.

"It could be playing guitar with Eric Clapton or jumping out of a plane into a volcano," Probst told EW.com. "Whatever it is that you're still desiring to do in your life -- we want to make it happen."

While profiling people with terminal diseases could run the risk of being considered morbid, Probst says the show will be inspirational rather than depressing. "The focus of the show is not death," says Probst. "The story we're going to tell is about living. This is a show that is intended to inspire everybody to get the most out of their lives every day."

Production on the 'Live Like You're Dying' will begin in January, although no airdate has been set.

Tim McGraw - 'Live Like You Were Dying' Video