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In this tutorial, Matthew guides viewers on creating a memorandum of understanding using legal templates. He instructs to first click the link in the video description to access business forms. Users should search for "memorandum of understanding" to create the document. The first step involves identifying the first party as a business or individual and filling in details like name, address, city, state, and zip code. The same information is required for the second party. Next, users input the effective date, project name, and objectives, detailing the main aims of the project. Finally, users outline the expertise and experiences each party will contribute.