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Wood stain does go bad, but it will last in the can for between three and six years, provided you use proper storage techniques. Storing wood stain in open containers or in extremely low or high temperatures will cause your wood stain to become unusable much more quickly. Water- and latex-based wood stains typically last for just two to four years, while oil-based wood stains can last for three to six years.

Applying a sealer or topcoat after staining wood is highly recommended, though not always strictly required. A sealer protects the wood from moisture, UV rays, and weather-related issues, which is especially important for outdoor surfaces like decks and fences. It also enhances the stain's durability, prevents fading over time, and gives the wood a cleaner, more professional-looking finish. For some indoor applications, a sealer may not be necessary, depending on the type of stain used and the level of protection needed. It's always best to check the stain manufacturer's recommendations and consider the wood's intended use and exposure when deciding whether to apply a sealer.

You should stain both sides of your fence to get the full benefits. Fences often fall along property lines, so you may want to save a buck by leaving your neighbor’s side in the dust. If you do that, all you get is a slightly better view. Moisture and UV rays can still sneak in through the side that’s unpainted or worn down and damage your fence. Rot and rust will spread, even if you can’t see it from your side of the lawn.

On most untreated wood fences, there is no need to sand before treating. You typically only need to sand if there’s an old coat of paint or stain on your fence. If you do need to sand off a previous paint or protective coating (like an old stain or sealant), use medium-grit sandpaper.