Building Your In Case of Emergency (ICE) Box
UW-Madison Division of Extension's Farm Management program is offering a workshop series to help farm families streamline the farm estate planning process. The series will help farm families to gather and analyze important documents and asset information to build their "In Case of Emergency" (ICE) Box. In the event of an untimely death or accident, a farm family will be able to return to their ICE Box and find important information for continuing the farm's legacy.
In addition, during the multi-session program, participants will be guided through a series of questions, conversations, and templates to analyze their ideal farm transition plan. After organizing farm assets for their ICE Box, participants will be able to run a variety of transfer scenarios to analyze and compare possible distribution plans for farm transition.
The organization of this information and analysis of possible distribution plans will prepare farm families to meet with farm transition planning professionals who can advise on legal and tax strategies to accomplish the farm's specified transition goals.
Program staff will offer guidance through emails and virtual "Open Office Hours" for several weeks before meeting with participants in person in March.
The virtual sessions and open office hours will be held:
- Friday, January 24, 2025 from 12-1pm - Session 1 & Zoom open office hours
- Friday, February 7, 2025 from 12-1pm - Session 2 & Zoom open office hours
- Friday, February 21, 2025 from 12-1pm - Session 3 & Zoom open office hours
Instructors and participants will meet for an in-person workshop on Friday, March 7, 2025, at Upham Woods Outdoor Learning Center, N194 County Rd N, Wisconsin Dells, WI 53965, from 10:00 am- 3:00 pm.
This workshop is limited to 20 farms.
The cost of the workshop series is $250 per farm. This allows up to two people from each farm to attend the in-person workshop on March 7, 2025. The first 10 farms to register will receive a discounted price of $175 (which is a $75 savings). Registration deadline is Wenesday, January 8, 2025.