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In this tutorial video, Matthew guides viewers on creating a shareholder agreement using legal templates. By clicking the link provided in the video description, users can easily access the necessary forms. After selecting the appropriate state, such as Texas, users fill in details like company name, address, and representative information. Additional shareholders can be included by specifying their names and number of shares. The process involves selecting the relevant form, inputting necessary details, and customizing it to meet the specific requirements of the business.