Richard W. Hompesch II Esq. 1 posts 0 comments

Richard W. Hompesch, II is a graduate of the University of Montana (B.A. 1978 and J.D. 1983) and New York University (LL.M. in Taxation 1984). In 1984 he persuaded his wife to move to Fairbanks, Alaska for “two years” with their two infant children. He opened his own law office in 1988.

Today Hompesch Evans & Averett, P.C. employs four attorneys, his wife who is an IRS enrolled agent, and three legal assistants. The firm’s practice is limited to trusts and estates and taxation. Rich is a fellow of the American College of Trust and Estate Counsel, a member of the Alaska Probate Rules Committee, and past president of the Fairbanks Estate Planning Council. He has been a speaker at a number of continuing legal education programs for the Alaska Bar Association and one for the Connecticut Bar Association. For three years he taught business law as an adjunct lecturer at the University of Alaska.

In 1996 Rich spent a week in the Cook Islands learning about foreign asset protection trusts. In 1997 Rich lobbied for the Alaska Trust Act which was made Alaska the first state to permit domestic self-settled asset protection trusts. Rich was the principal author of The Revised Limited Liability Company and Limited Partnership Act which the Alaska legislature passed in 1997 in response to the “check the box” regulations. Since 1997 he has worked on legislation with other Alaska attorneys to make Alaska the premier jurisdiction in the United States for trusts and estate planning. He is the author or co-author of five articles on Alaska trusts and one article on estate planning document assembly software published in Trusts & Estates magazine.