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In this video tutorial, Matthew demonstrates how to create a release of liability form. He provides a link to legal templates and guides viewers to access "business forms." Using the search function, he finds the release of liability form, opting for a general release. Matthew illustrates the process by filling in the form with examples, including the name "Matt," an address in Texas, and relevant claims to be released. He discusses selecting the payment method, choosing cash, and specifying an amount. Finally, he notes the importance of including the date of the agreement and the governing state, also mentioning the need for a witness or notary.