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In this tutorial, Matthew guides viewers on creating a Memorandum of Understanding (MOU) using legal templates. To start, viewers should click the link provided in the video description and navigate to the "Business Forms" section to view all available forms. He advises using the search function to find the Memorandum of Understanding template. Users need to identify the first party as either a business or an individual, providing relevant details such as name, address, city, state, and ZIP code. The same information is required for the second party. Further, the tutorial covers setting the memorandum's effective date, naming the project, outlining its main objectives, and detailing the cooperation and expertise of both parties involved.