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In this tutorial, Matthew explains how to create a release of liability form. He begins by directing viewers to a link for legal templates and encourages them to explore various business forms. He suggests using the search function to find the "release of liability form waiver" and selects the "general release" option. Matthew walks through the process of naming the releaser, adding their address and city (using Texas as an example), and specifying the claims to be released. He then discusses payment considerations, choosing "money" as the medium and entering an amount. Finally, he mentions including the date of the agreement and the governing state, which is also Texas, along with the option for a witness or notary.