Why You Need an Estate Strategy Full Size Version Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Contents When Do You Need a Will? When do you need a will? The answer is easy: Right Now. Will Power Preparing for the eventual distribution of your assets may not sound enticing. But a will puts the power in your hands. Principles of Preserving Wealth How federal estate taxes work, plus estate management documents and tactics.