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<<I need to park some money for my inlaws to have income to live on for a few years, I have thoughts about viatcal settlements ....>>

These are pretty new financial instruments. As such, they have not been well-tested under stress, and may have substantial unforeseen risks. c.f. "portfolio insurance" in 1987. The quoted return of 12% should tell you that this is a HIGH RISK investment.

Best to leave potential risks to those who can sustain them and who undertake them knowingly.

If your inlaws *really* need the money as money, park it in a money-market account. Also, you might want to read O'Shaughnessey's "How to Retire Rich", and consider what he calls the "Utility Screen".

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