Category Archives: Oscar Leske / Understanding the Signs of Our Times

Understanding Our Eternal Inheritance in Christ

Understanding Our Eternal Inheritance in Christ

When we were still under the law, before Christ became the mediator of a new covenant, we were slaves. In Galatians 3:23 Paul says, “Before this faith came we were held prisoners by the law, locked up until faith should be revealed.” Because we could not be justified by the works of the law (see Galatians 3:11a), we were slaves to the consequences of the law – “the wages of sin is death…” Now all that has changed. Christ has set us free from sin’s committed under the law. For it is written: “So you are no longer a slave, but a son; and since you are a son, God has made you also an heir (Galatians 4:7).

Let us now turn to Hebrews 9:15. We read: “For this reason Christ is the mediator of a new covenant, that those who are called may receive the promised eternal inheritance – now that He has died as a ransom to set them free from the sins committed under the first covenant.” Now, what is Christ the mediator of? Clearly, Scripture tells us that He is the mediator of a New Covenant. If we were to read the previous verses of chapter 9, we would find that they stressed the superiority of the blood of the New Covenant to the blood of the Old. Old Covenant sacrifices of bulls and goats could never take away sins (Heb. 10:4). This leads to the conclusion of verse 15 – that Christ is the Mediator of the New Covenant. And what do those who are called receive? The promised eternal inheritance. And what did Christ set us free from? The sins committed under the first covenant. And how did Jesus set us free from our sins? His atoning sacrifice – His death redeems us from the transgressions under the law. In a sense a great debt of transgression had accumulated under the Old Covenant. By His death, Christ redeemed believers of the former dispensation from those transgressions. Now, let me ask you, are we as born-again believers now living under the first covenant or the New Covenant? Obviously, the New Covenant.

If you go back to the beginning, what does Paul say that we no longer are in Galatians 4:7 as quoted above? As a believer we are no longer a slave; we are not under the law. According to Galatians 4:7 what is our new identity? As a believer we are now a son of God. Now, because we are sons, what else is God made us according to this verse? As a believer God has made you also an heir. Since Christ, as God’s Son, is the heir of all God’s riches, the born-again believer is an heir of God through Christ. All that God has is his by faith. Please note: As long as men were slaves, they could not be sons. Christ delivered believers from the bondage of the law in order that they might be adopted as sons.

As we move along let us turn to Romans 8:17 where we read: “Now if we are children, then we are heirs – heirs of God and co-heirs with Christ, if indeed we share in His sufferings in order that we may also share in His glory.” In this verse, what does God say is true of us if we are children of God? Then we are heirs. What else are we? We are heirs of God and co-heirs with Christ.

Even though we may know we are heirs of God, many of us, however, don’t know what our inheritance is. As a result, we live our lives in spiritual poverty. I read a good illustration of this as seen in the true story of a West Texas farmer named Yates. Mr. Yates owned a lot of undeveloped land. He raised sheep, but he lived in poverty. It was during the Depression years and he was having difficulty even feeding and clothing his family.

As Mr. Yates was facing inevitable bankruptcy, an oil company approached him to request permission to drill for oil on his land. The oil company began drilling immediately. In just over a thousand feet they discovered the largest oil deposit at the time on the North American continent – a deposit that produced 80,000 barrels of oil a day! At that time, oil was selling for about three dollars a barrel. Overnight Mr. Yates became a multi-millionaire. The amazing thing about this incident, though, was that Mr. Yates had been a multi-millionaire ever since he first signed the papers on the land; he just hadn’t known it!

There are many believers who are living in the same identical situation spiritually. The day we came to the Lord Jesus Christ in saving faith, God gave us everything we could ever need to live rich, full lives, but many of us have never discovered the “riches of our inheritance” in Christ Jesus.

Our Inheritance in Christ

(1). Justified – “For all have sinned and fall short of the glory of God and are justified freely by His grace through the redemption that came by Christ Jesus. For we maintain that a man is justified by faith apart from observing the law (Romans 3:23-24)”

(2). Chosen by God – “For He chose us in Him before the creation of the world to be holy and blameless in His sight (Ephesians 1:4).”

(3). Totally Forgiven – “When you were dead in your sins and in the uncircumcision of your sinful nature, God made you alive with Christ. He forgave us all our sins, having cancelled the written code (the law), with its regulations, that was against us and that stood opposed to us; He took it away, nailing it to the cross (Colossians 2:13-14).”

(4). Saved through His Life – “For if, when we were God’s enemies, we were reconciled to Him through the death of His Son, how much more, having been reconciled, shall we be saved through His life (Romans 5:10).”

The redemptive work of Christ has been made complete for (in) you when you, having been reconciled to God by the death of Christ, receive His life into your heart. Christ did not come into this world just to forgive your sins; rather, the truth is He forgave all your sins so that He could give you His life. His Spirit – residing in your heart – this is the promise of your eternal inheritance, this is salvation.

(5). Righteousness –“God made Him who had no sin to be sin for us, so that in Him we might become the righteousness of God (2 Corinthians 5:21).” – “and be found in Him, not having a righteousness of my own that comes from the law, but that which is through faith in Christ – the righteousness that comes from God and is by faith (Philippians 3:9).”

(6). Made Perfect – “Because by one sacrifice He has made perfect forever those who are being made holy (Hebrews 10:14).”

(7). Holy and Blameless – “But now He has reconciled you by Christ’s physical body through death to present you holy in His sight, without blemish and free from accusations (Colossians 1:22).”

(8). Baptized into Christ – “The body is a unit, though it is made up of many parts; and though all its parts are many, they form one body. So it is with Christ. For we were all baptized by one Spirit into one body – whether Jews or Greeks, slave or free – and we were all given the one Spirit to drink. But in fact God has arranged the parts of the body, everyone of them, just as He wanted them to be (1 Corinthians 12:12-13, 18).”
(9). Sealed in Christ – “And you also were included in Christ when you heard the word of truth, the gospel of your salvation. Having believed, you were marked in Him with a seal, the promised Holy Spirit, who is a deposit guaranteeing our inheritance until the redemption of those who are God’s possession – to the praise of His glory (Ephesians 1:13-14).”

(10). Hidden with Christ – “For you died, and your life is now hidden with Christ in God (Colossians 3:3).”

(11). Clothed with Christ – “For all of you who were baptized into Christ have clothed yourselves with Christ (Galatians 3:27).”
(12). Complete in Christ – “For in Christ all the fullness of the Deity lives in bodily form, and you have been given fullness in Christ, who is the head over every power and authority (Colossians 2:9-10).”

(13). Loved Perfectly – “As the Father has loved me, so have I loved you. Now remain in my love (John 15:9).”

– “For I am convinced that neither angels nor demons, neither the present nor the future, nor any powers, neither height nor depth, nor anything else in all creation, will be able to separate us from the love of God that is in Christ Jesus our Lord (Romans 3:38-39).”

The above verses are our inheritance in Christ. How will knowing your inheritance affect the way you live from day-to-day?

Peter begins his second letter with the wonderful news that, “His divine power has given us everything we need for life and godliness through our knowledge of Him who called us by His own glory and goodness (2 Peter 1:3).” In Christ, we have everything we need. Recognize the riches that you have in Christ and begin living the abundant life that He has promised. We pray that “the eyes of your heart may be enlightened in order that you may know the hope to which He has called you, the riches of His glorious inheritance in the saints (Ephesians 1:18).”

In closing, we need to thank the Lord Jesus for what He has done for us on the cross of Calvary. To thank Him for our redemption. To thank Him for the forgiveness of all our sins – past, present, and future sins. We need to thank the Lord Jesus for the Holy Spirit which He gave us as a deposit guaranteeing our INHERITANCE as a son of God and co-heir with Him.

Oscar Leske
F/B – Signs Of Our Times
Understanding The Signs Of Our Times .com

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