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In this video, Matthew demonstrates how to create a release of liability form. He directs viewers to click a link for legal templates and navigate to the business forms section. Using a search engine, he suggests typing "release of liability form waiver" to find options, recommending the "general release" form. Matthew guides viewers through the form, specifying to enter a name (e.g., "Matt"), address, and city (Texas). He discusses filling in the claims description, choosing payment type (money or item), and specifying an amount. Finally, he indicates that the agreement date and governing state should be Texas, and mentions the option to include a witness or notary.