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In this video tutorial, Matthew demonstrates how to create a release of liability form. He directs viewers to a link for legal templates and suggests browsing business forms, specifically recommending the search for a "release of liability form waiver." Matthew opts for a general release form and walks through the steps to create it, including filling in the releaser's name and address. He uses Texas for the example location. The tutorial covers selecting claims to be released, payment considerations (choosing money as the method), and noting the agreement date and governing state. He concludes by mentioning the need for a witness or notary.