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In today's tutorial, Matthew guides viewers on creating a Memorandum of Understanding using legal templates. To start, he instructs users to click a link below the video, navigate to "Business Forms," and select "View All Business Forms." Matthew demonstrates how to use the search function to find "Memorandum of Understanding." He emphasizes selecting the first party as either a business or an individual, and entering their name, address, city, state, and zip code. The same information is required for the second party. Additionally, viewers need to specify the memorandum's effective date, project name, and main objectives. Finally, he discusses detailing the expertise and experience of both parties.