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In this YouTube video tutorial, Matthew demonstrates how to create a release of liability form using Legal Templates. He advises viewers to click on the link below to access the business forms section and search for "release of liability form waiver". Choosing between general release and car accident activity waiver, Matthew opts for general release and fills in details like name, address, claims description, payment method, amount, date of agreement, and governing state (Texas). Optional inclusion of a witness or notary is also discussed.