Some of the contemporary ethical debates have put in value the rational feature of feelings because of the estimative intentionality that is implied in them. In this context, some claim that the intentionality of emotions is a kind of value perception, as Phenomenology stressed at the beginning of the twentieth century, particularly Max Scheler, by analysing emotional Feeling [_Fühlen_] in the frame of emotional life. In order to extend the context of this philosophical debate, and after describing Scheler’s phenomenology of (...) feelings of the intentional and non-intentional emotional life, firstly, we defend _the_ _axiological_ _and_ _emotional_ _intentionality_ _as_ _double_ _intentionality_ that—in our understanding—Scheler analyses phenomenologically, while taking distance from Franz Brentano and Edmund Husserl’s intentional structure of estimative emotions. And, secondly, we propose a tentative interpretation of _the link_ between estimative and emotional double intentionality _as living_ _structure_ _of_ _ethical_ _life_, in the light of Martin Heidegger’s Hermeneutical Phenomenology. (shrink)