Legal Question in Entertainment Law in Ohio

screenplay adaptation

Hi, here is my situation:

I found a short story that I wish to adapt to a screenplay. I found the author owns the rights, so I emailed him, and he responded that I had his permission, and that we could come to a more formal agreement once there was production money in the picture. Should I go ahead and write the adaptation, or get a legal agreement now? How can I pursue an agreement, or do I need to let a lawyer or maybe an agent do it?

Thanks very much.

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