Gerry Turner and Theresa Nist Had a Prenuptial Agreement: Their Finances Explained

Gerry Turner And Theresa Nist They were protecting their assets when they decided to get married.

Gerry, 72, and Theresa, 70, tied the knot in January, just four months after Bachelor Nation fans revealed their televised engagement on the finale of . had followed in September 2023 The Golden Bachelor. However, three months later, the couple called it quits.

In conversation with Good morning America On Friday, April 12, Gerry and Theresa confirmed that they had entered into a prenuptial agreement and “they highly recommend it,” according to ABC News. Juju Chang.

Although the terms of the two’s agreement were not publicly disclosed, they each accumulated several assets and salaries before tying the knot. While Gerry is now retired, he continued The bachelor as a restaurateur who owned several establishments in Moline, Illinois. A bombastic exposé from The Hollywood Reporter in December 2023 claimed that Gerry had exaggerated and misrepresented his career, which he subsequently denied.

“The store I owned was very similar to the Cadillac Diner that Theresa and I went to on the very first date,” Gerry told Katie Couric Media later that month, referring to his first Golden Bachelor one to one. “I sold burgers, fries and shakes, and it was a very profitable business.”

He continued: “And the comments about what I did later in life, I made them after I retired. I retired at 55 and was very happy to give back to the community and do things that were meaningful to other people.”

Gerry sold his Iowa-based drive-in franchise called Mr. Quick in 1985 and retired to Indiana with his late wife Tony Turner, where they built a house on the lakeshore. Since his retirement, Gerry has also done maintenance work.

“I mean, gosh, I didn’t work as a handyman for the money,” he added to Katie Couric Media. “I did it because I knew I was doing something good for people who needed help.”

Theresa has now worked in finance for 17 years and has six securities licenses. According to her LinkedIn bio, she works as a senior compliance officer for a regional company in her native New Jersey. During her appearance on Golden BachelorTheresa explained that she was initially a housewife during her marriage to her late husband, Billy Nist. After their relationship, she bought stocks, which led to a career as a day trader.

Additionally, Theresa owns a home in New Jersey, where she continued to live during her three-month marriage to Gerry, who lives in Indiana. The couple had been thinking about moving in together before their split.

“We looked at houses in South Carolina, we thought about New Jersey, and we looked at one house after another, but we never got to the point where we made that decision,” Theresa further noted GMA.