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In this tutorial, Matthew explains how to create a release of liability form. He directs viewers to click a link for legal templates, navigate to business forms, and use the search function to find the release of liability form waiver. He recommends selecting the general release option. To create the document, he inputs the releaser's name (e.g., Matt), address, and city. He mentions using Texas as the location. Next, he specifies the claims to be released and indicates that payment can be made in money or items, opting for money with a specified amount. Finally, he discusses including the date of agreement and the governing state, which will also be Texas, and mentions witness or notary requirements.