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In this video, Matthew guides viewers on how to create an asset purchase agreement using legaltemplates.net. He provides a link in the video description to access the site. Once on the website, users should navigate to the top, click on "business forms," then "view all business forms," and locate the "asset purchase agreement" under business operations. Matthew demonstrates the process by filling out seller details, using the name "Matt King" and an address, while encouraging viewers to enter their own information. He mentions the option to create a document or check a PDF, ultimately choosing to create it immediately.