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In this video tutorial, Matthew demonstrates how to create a release of liability form. He directs viewers to a link that leads to legal templates and suggests navigating to the business forms section. Using the search engine, viewers are instructed to look for the "release of liability form waiver" and choose either a general release or car accident activity waiver, opting for the general release. He provides an example for filling out the form, including a name (e.g., Matt), address, and city (Texas). The video covers sections regarding claims to be released, payment considerations (choosing money as the payment method), the agreement date, and the governing state, which is typically the same as the residence location. Lastly, it mentions the need for a witness or notary.