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In this tutorial, Matthew demonstrates how to create a Memorandum of Understanding (MOU) using legal templates. He instructs viewers to click on a provided link to access business forms and utilize the search function to find the MOU template. The process involves selecting whether the first party is a business or an individual, and entering their name, address, city, state, and zip code. The same information is required for the second party. Matthew also emphasizes the importance of defining the MOU's effective date, project name, and objectives, urging the inclusion of any necessary project details. Lastly, he highlights the need to specify the expertise and experience that each party will bring to the collaboration.