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In this video, David Taylor from the Effective Writing Center demonstrates how to set up a Word document in Chicago style. The steps include adjusting margins to 1 inch on all sides, setting alignment to left, and line spacing to 2.0 for double spacing. Indentation for the first line of a paragraph should be set to 0.5 inches. It is recommended to use Times New Roman, 12-point font. Chicago style papers may or may not have a title page.