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In this video tutorial, Matthew explains how to create a release of liability form. Viewers are directed to a link for legal templates, where they can browse business forms. The search feature is used to find the "release of liability form waiver," with a focus on selecting the "general release." He demonstrates filling out the form by entering a name, address, and city (Texas), and defines the claims to be released. The tutorial details choosing a payment method, which in this case is money, and specifies the date of the agreement and governing state, also Texas. Matthew mentions the inclusion of a witness or notary as part of the process.