EXHIBIT 10.3

                       ASSET SETTLEMENT GROUP, INC [LOGO]

                                     FORM OF

                            LIFE SETTLEMENT CONTRACT

                                     BETWEEN
                           ASSET SETTLEMENT GROUP, INC

                                       AND

This  AGREEMENT is made and entered into this _____ day of  ____________  in the
year 20___ by and between Asset Settlement  Group,  Inc.  ("Settlement  Group"),
Capital Benefits, LLC, ("The Fund") and _____________________.

                                   WITNESSETH

WHEREAS,  Settlement  Group,  desires to purchase from a certain life  insurance
policy on the life of                      issued by                  (Insurance
Co.) with the policy number            (the "Policy") for the sum of
(the "Purchase Price"); and

WHEREAS,  the parties desire for Settlement Group to hold the funds representing
the Purchase Price in trust, on the terms and conditions  hereinafter set forth;
NOW,   THEREFORE  in  consideration  of  the  mutual  covenants  and  agreements
hereinafter  contained,  and for  other  good and  valuable  consideration,  the
receipt and sufficiency of which are hereby acknowledged,  the parties do hereby
agree as follows:

1)    Simultaneously with the execution of this agreement,  Seller shall deliver
      to Settlement Group, its nominees and/or assigns an irrevocable assignment
      of the policy in favor of The Fund.  Trust Agent shall hold the policy and
      funds representing the Purchase Price in accordance with the terms of this
      Agreement.

2)    Settlement  Group and the Trust Agent have entered into a trust  agreement
      dated July 1, 2005. The trust  agreement  allows for the  maintenance  and
      payment  of the  funds  due to  you,  the  Viator.  Such  agreement  is in
      accordance  with the terms of payment set forth herein.  By executing this
      agreement  you  hereby  join in and  agree to be bound by the terms of the
      Trust Agreement.


<PAGE>

3)    Upon receipt of the  assignment of the policy in favor of The Fund,  Asset
      Settlement  Group shall forward such  assignment to the insurance  carrier
      who issued the policy,  and shall request from such  insurance  carrier an
      acceptance  of  the  assignment  of  the  policy.  Upon  receipt  of  such
      acceptance of assignment, Settlement Group shall authorize the Trust Agent
      to deliver the funds,  representing  the Purchase  Price, to Seller within
      three (3)  business  days.  Failure to transfer the funds within three (3)
      business  days  renders the life  settlement  contract  and the  transfer,
      assignment, bequest, or sale voidable.

4)    The Seller has the  unconditional and absolute right to cancel and rescind
      the life settlement  contract at any time prior to the full payment of the
      proceeds.  Additionally,  the Seller may cancel and rescind this  contract
      not later than thirty (30) days from  contract  execution  of fifteen (15)
      days after full  payment of  proceeds to the  Seller,  whichever  is less,
      provided the full amount of the  proceeds  and any premiums  paid by Asset
      Settlement Group on said policy are returned by the Seller.

5)    In the event The Fund does not receive an acceptance  of  Assignment  from
      the  insurance  carrier  within  thirty  (30) days  after the date of this
      Agreement,  Settlement  Group  shall give  written  notice of such fact to
      Seller.  Thereafter,   Settlement  Group  and  Seller  shall  contact  the
      insurance carrier and attempt to make arrangements to obtain an acceptance
      of the assignment of the policy from the insurance  carrier.  In the event
      such acceptance  cannot be obtained within a reasonable  time,  Settlement
      Group and Seller shall  redeliver the Assignment of the Policy in favor of
      the Seller.

6)    I, the  undersigned,  understand and acknowledge that Settlement Group has
      the  unconditional  and  absolute  right to cancel  and  rescind  the Life
      Settlement Contract at any time prior to the full payment of the proceeds.
      Additionally,  to the Seller if for any reason Settlement Group has reason
      to believe that the policy was purchased,  issued or sold under fraudulent
      circumstances  or if the insurance  company advises  Settlement Group that
      the policy has been  rescinded or cancelled the Life  Settlement  Contract
      becomes  null  and  void.  Upon  notification  that  the  policy  is being
      rescinded or cancelled by the insurance  company,  or the Life  Settlement
      Contract  becomes null and void the Seller must provide the full amount of
      any proceeds and premiums  paid by Settlement  Group to  Settlement  Group
      within thirty (30) days.

7)    By  entering  into a life  settlement  contract  all of the right,  title,
      interest  and  benefit  in and  to the  seller's  life  insurance  policy,
      including all supplementary  contracts and riders attached  thereto,  will
      become the property of the Fund. The premium payments on the seller's life
      insurance policy will no longer be the  responsibility  of the seller.  If
      this is not acceptable to the seller, it is the seller's responsibility to
      provide a statement,  in writing, with the return of this document package
      stating  that the rights to these  riders shall be reserved by the seller.
      Arrangements  will be made with the  insurance  company  to  preserve  the
      seller's interest in said riders. If the arrangements are not satisfactory
      to both the seller and the life settlement  company,  the ownership of the
      policy  shall  not be  transferred  to the Fund  and the  life  settlement
      contract will be rendered null and void.


<PAGE>

8)    The Seller  should be aware that all inquiries  about the Seller's  health
      will be made by 21st  Holdings,  LLC.  21st is in the business of tracking
      Seller status. Tracking services will include:

      i)    Quarterly calls to the Seller's physician to obtain statements about
            the Seller's health.

      ii)   Situations  where  Seller does not  frequently  visit the  physician
            sometimes  occur,  in these instances 21st will contact the Seller's
            personal references

9)    In  performing  its  duties  hereunder,  Trust  Agent  shall not incur any
      liability to Asset Settlement  Group or to Seller for any damages,  losses
      or expenses which either party may sustain or incur,  unless the same is a
      direct result of the negligence or intentional  misconduct of Trust Agent.
      Trust  Agent  shall be  protected  in any action  taken or omitted in good
      faith  upon the  advice of its legal  counsel  given  with  respect to the
      duties and responsibilities of Trust Agent hereunder. Trust Agent shall be
      entitled to rely on any  document  or  instrument,  including  any written
      notice or instruction provided for in this Agreement, which Trust Agent in
      good faith believes to be genuine or to have been signed or presented by a
      proper  person  or  persons  in  accordance  with  this  Agreement.  Asset
      Settlement  Group and Seller  hereby agree to indemnify  and hold harmless
      Trust Agent from and against all losses, claims, damages,  liabilities and
      expenses  which it may  sustain  or incur  hereunder,  including,  without
      limitation  reasonable  attorneys  fees,  which may be imposed  upon Trust
      Agent or incurred by Trust Agent in connection with the performance of its
      duties hereunder.

10)   Any notice required or permitted to be given hereunder shall be in writing
      and shall be deemed to have  been duly  given if sent by  certified  mail,
      return receipt requested, postage prepaid, addressed as follows:

            If to Seller:


            If to Asset Settlement Group:     Asset Settlement Group.
                                              2015-A H Osborne Rd
                                              St. Marys, GA 31558

            If to Trust Agent:                Law Office of Joseph Miller, PA
                                              13400 Sutton Park Dr, South
                                              Suite 1102
                                              Jacksonville, Fl 32224
                                              904-821-9150
                                              904-821-9198 Facsimile

Any notice  mailed as provided  herein shall be deemed  received by the party to
whom it is


<PAGE>

addressed on the date of receipt,  or on the first date of attempted delivery in
the case of any notice  which is  undeliverable  by the U.S.  Post  Office.  The
foregoing shall not preclude any other method of giving notice.

11.   This Agreement  represents the entire  agreement  between the parties with
      respect to the subject matter  hereof,  and may not be modified or amended
      except by a written instrument signed by all of the parties hereunto. This
      Agreement  shall be  binding  upon and shall  inure to the  benefit of the
      parties hereunto and their respective heirs,  successors and assigns. This
      Agreement has been made and entered into in the State of Georgia and shall
      be construed  and enforced in accordance  with Georgia Law.  Venue for any
      litigation  from  this  agreement  or its  enforcement  shall be in Camden
      county  Georgia.   This  Agreement  may  be  executed  in  any  number  of
      counterparts, each of which shall constitute an original.

In witness whereof, the parties have executed and delivered this Agreement on
the day and in the year above written:

SELLER:                                          By: ___________________________

SELLER:                                          By: ___________________________

ASSET SETTLEMENT GROUP, INC.                     By: ___________________________




Any person who  knowingly  presents  false  information  in an  application  for
insurance,  a life settlement contract,  or a life settlement purchase agreement
is guilty of a crime and may be subject to fines and confinement in prison.