NU Online News Service, June 8, 12:15 p.m. – Knowledgeservice.com L.L.C., Springfield, Mass., has updated its Web-based estate tax calculation tool to include tax rates and other information from the new Economic Growth and Tax Relief Act.

The system asks users to answer 10 questions about their lives and finances, then provides a 20-year analysis of their estate situation, and the possible effects of life insurance on their tax obligations.

The system includes information such as the cost of insurance and likely results of investing cash rather than using it to buy life insurance.

The system is available on the knowledgeservice.com site, at http://knowledgeservice.com

The knowledgeservice.com site also provides software, reference materials and other information aimed at accountants, attorneys, trust officers and life insurance agents.