An Ethical Will Over a Monetary or Property Will - 1369 Words

In todays world an Ethical Will seems almost foreign to many people. A monetary or property Will is a type of Will that people are most familiar with. This deals with ones property being distributed to a younger generation upon or near death.2 The encyclopedia Judaica defines a Will as a, â€Å"person’s disposition of his property in favor of another in such manner that the testator retains the property or his rights to it until his death.†5(page65) Some may be unaware that there are different types of monetary Wills. The first is called a Mattenat Bari, which means, â€Å"gift by a healthy person.†5 (page 65) The second type is called a Mattenat Shekhiv, â€Å"a gift by a person critically ill.† 5 (pg65) The last type is called an Mezavveh†¦show more content†¦The Will would normally speak of following Jewish laws and Jewish ideals. The Ten Commandments are sometimes stressed on their own since they are important for Jewish law. Jewish Et hical Wills preach to protect the Torah, and keep the land of Israel safe. Also a Jewish Ethical Will usually says one should be a responsible Jewish person who is charitable, respectful, hardworking, and continues to study Judaism. 7 Ethical Wills are such an important piece in Judaism that they appear in the Talmud and Bible a numerous amount of times. The first recorded Ethical Will is in chapter 49 of Genesis in the Bible. This Will was about Jacob speaking to his kids before his death. After blessing each child, he spoke of the missions and destinies of each child. He based what he said on the skills and talents that each child possessed. Everything Jacob said wasn’t easy to hear but he said what he wanted his kids to know. It is actually said that Jacob was the first to get sick before dying giving him a chance to say his last words to loved ones. Jacob actually prayed that people would become sick like he did so they could have this opportunity since most people were healthy until the day they died in this time period. Jacob wanted people to have the chance to give their children an Ethical Will.9 In chapters 33 and 34 of Deuteronomy, another Ethical Will is written about Moses. Before Moses died, he offeredShow MoreRelatedEthical Issues in the Insurance Industry1326 Words   |  6 PagesEthical Issues in the Insurance Industry Jeff Bolling Columbia College Abstract Ethical behavior is crucial to preserving not only the trust on which insurance transactions are based, but also the public’s trust in the insurance industry as a whole. Sometimes the push to act unethically comes from the consumer. How many consumers expect their insurance agents to falsify their applications or claims? 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