Umm, no, because Illustrator is not a word processing program.
It can do all that, but limited...
you will have to do it the hard way, with indents and "option+8" for the bullet
I actually tried that, but it didn't retain the bullets I'd chosen in Word. I think I did a simple "copy-paste". Should I have done a "Place" command, much like placing photos?
Illustrator does have some word processing capabilities.
They are not quickly visible however.
For bullets. What you can do it setup table.
Draw a text box, then choose Windows->Type->Tab Ruler.
Set your tabs for your bullet indents. Mac's bullets are at Option+8.
Windows use Character Map tool and copy from there.
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