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In this tutorial, Matthew demonstrates how to create a release of liability form by accessing legal templates online. By selecting the business forms section and using the search engine to find the release of liability form waiver, viewers can choose between a general release or a car accident activity waiver. The form requires information such as the releaser's name, address, claims description, payment method and amount, date of agreement, and governing state. A witness or notary may also be included in the document.