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In this video tutorial, Matthew explains how to create a release of liability form. He directs viewers to click a link leading to legal templates and navigate to business forms. To find the release of liability form, viewers should use the search function to enter "release of liability form waiver" and choose either the general release or car accident activity waiver. Matthew selects the general release and demonstrates filling out the form, including naming the releaser, providing an address and city (Texas), describing the claims to be released, and identifying considerations for payment. He notes to include the date of agreement and governing state, which he suggests should also be Texas. A witness or notary is also mentioned.