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In this video tutorial, Matthew provides a step-by-step guide on creating a release of liability form. He directs viewers to a link for legal templates, recommending the "business forms" section for various options. Using the search function, he finds the "release of liability form waiver," specifically selecting the "general release" option. Matthew demonstrates filling out the form by entering a name (e.g., Matt), address, city, and choosing Texas. He discusses various sections, such as specifying claims to be released, the payment method (money or item), and inputting an amount. He concludes by mentioning the date of the agreement and the governing state, noting that Texas will likely be the same state used.