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In this video, Matthew guides viewers on creating a photo licensing agreement using legal templates. He provides a link in the video description to access these templates. Matthew demonstrates how to navigate to the business forms section, suggesting the use of the search feature to find the photo licensing agreement. He chooses "Mr. Ed" as the client and discusses selecting the applicable state and taxes. Matthew advises viewers to input the names and titles of the photos, providing examples such as weddings and parties. He also touches on specifying the type of license to be granted, including options for exclusivity and duration.