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In this tutorial, Matthew explains how to create a release of liability form. He guides viewers to a link for legal templates, where they should navigate to business forms. Using the search function, he suggests looking for the "release of liability form waiver" and selecting either the general release or car accident activity waiver. Matthew chooses the general release form and demonstrates filling it out by entering a name (e.g., Matt), address, and city (Texas). He emphasizes detailing the claims to be released and choosing the payment type, opting for cash. Lastly, he mentions indicating the date of the agreement and the governing state, which will also be Texas, and discusses the need for a witness or notary.