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In this video tutorial, Matthew guides viewers on how to create a partnership agreement using legal templates. He begins by directing users to the provided link, encouraging them to click on "business forms" and then "view all business forms." Matthew highlights that while there are many options, the focus is on selecting the fifth option for a partnership agreement. He advises viewers to choose a state, using Texas as an example, and explains the process of entering partner information. Users need to provide names, addresses, and complete details for each partner. If a third partner is added, they should follow the same steps.