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In this tutorial, Matthew explains how to create a release of liability form. Viewers are directed to a link for legal templates and encouraged to navigate to the business forms section. He suggests using the search feature to find a "release of liability form waiver" and recommends selecting either a general release or a car accident activity waiver. Matthew demonstrates filling out the form by entering the name "Matt" as the releaser, copying the address details, and selecting Texas as the location. He outlines the steps for describing the claims to be released, specifying payment details (choosing money), and setting the agreement date and governing state. He also mentions the need for a witness or notary.