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In this video, Matthew demonstrates how to create a release of liability form. He starts by directing viewers to a link for legal templates, specifically within the business forms section. He suggests using the search function to find the "release of liability form waiver" and chooses the "general release" option. Matthew provides a step-by-step guide for filling out the document, including naming the releaser (e.g., "Matt"), entering an address and city, and selecting claims to be released. He also covers payment considerations, choosing to specify a monetary amount, and notes that the governing state is likely Texas. Finally, he mentions the option for adding a witness or notary.