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In this tutorial, Matthew explains how to create a Memorandum of Understanding (MOU) using legal templates. He instructs viewers to click the provided link, navigate to business forms, and search for "Memorandum of Understanding." Users must select whether the first party is a business or an individual and input relevant details, including name, address, city, state, and zip code. The same information is required for the second party. Next, viewers should specify the MOU's effective date, project name, and main objective. Matthew also highlights the need to detail the expertise and experiences each party will contribute to the project.