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In this video tutorial, Matthew demonstrates how to create a release of liability form. He guides viewers to click a provided link to access legal templates and explore business forms. By using the search function, he locates the release of liability form, selecting the general release option. Matthew then fills out the template with necessary information including the name of the releaser, address, and claims description. He specifies the payment method as money and enters an amount. Finally, he notes that the agreement's date and governing state will be the same, suggesting Texas, and mentions the need for a witness or notary.