When Do You Need a Will? When do you need a will? The answer is easy: Right Now. Related Content Succeeding at Business Succession There are a number of reasons for business owners to consider a business succession plan sooner rather than later. How Boomers and Millennials Differ The YOLO Economy is a focus on experiences over material possessions, prompting Boomers to consider a similar mindset. To Buy or Not to Buy The decision whether to buy or rent a home may have long-term implications.