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In today's tutorial, Matthew guides viewers on creating a photo licensing agreement using legal templates. He suggests accessing business forms through a provided link, recommending the search feature to find the photo licensing agreement quickly. After locating the agreement, he emphasizes selecting the appropriate state for tax purposes and identifying the photo owner, using the example of Mr. Ed as the client. Matthew discusses options for specifying the number of clients and types of photos, such as weddings or parties. He concludes by highlighting choices regarding the type of license granted, including options for exclusivity and duration.