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In this video tutorial, Matthew explains how to create a release of liability form. He begins by directing viewers to a link for legal templates, then navigates to the business forms section. Using the search function, he looks for a "release of liability form waiver" and selects "general release." Matthew demonstrates the form-filling process by entering a name (e.g., 'Matt'), address, and city (Texas). He discusses defining claims for release and selecting payment type, choosing 'money' as the option. Finally, he mentions specifying the date of the agreement and the governing state, which in this case is Texas, along with noting the need for a witness or notary.