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In this tutorial, Matthew discusses how to create a Memorandum of Understanding (MOU) using legal templates. He instructs viewers to click on a link provided in the video, navigate to "Business Forms," and search for "Memorandum of Understanding." When creating the document, users must identify the first party as either a business or an individual, then input the respective name, address, city, state, and zip code. The same process applies for the second party. Additionally, viewers are guided to specify when the MOU will be effective, detail the project name and objective, and outline the expertise and experience that both parties will bring to the agreement.