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In this tutorial, Matthew explains how to create a release of liability form. He directs viewers to click a link to legal templates, navigates to business forms, and utilizes the search function to find the release of liability form waiver. He selects the "general release" option, providing an example name and address, specifically mentioning Texas. Matthew outlines the steps to input the releaser's information, claims description, payment method (choosing money), and the amount. He notes to set the date of the agreement and indicates that the governing state will usually be Texas. Lastly, he mentions the requirement for a witness or notary.