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In this video tutorial, Matthew explains how to create a tolling agreement using legal templates. He provides a link to LegalTemplates.net, guiding users to click on "business forms" and search for "tolling agreement." Viewers are instructed to select their state and fill out the necessary information, including the claimant's name and respondent's details such as address and city. Matthew emphasizes the importance of clearly stating all agreement details and suggests adding more circumstances if needed. He also reassures that if users make mistakes, they can easily delete excess entries.