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Feb 14, 2015 1:09 PM in response to malolaloby Demo,No. Not at all, at least if you are still going to keep it. If you want to sell it or give it away, you want to erase it and remove it from your Apple devices. Take a look at this.
What to do before selling or giving away your iPhone, iPad, or iPod touch - Apple Support
iCloud: Remove your device from Find My iPhone
IF you want to disassociate the device from your ID,
Manage your associated devices in iTunes - Apple Support
If you are keeping the device, you do not have to do a thing. You can activate the new iPad without doing anything with the old iPad.