Gerry Turner, Theresa Nist Had Prenup: Their Funds Explained


Gerry Turner and Theresa Nist
Disney/John Fleenor

Gerry Turner and Theresa Nist were protecting their assets once they decided to get married.

Gerry, 72, and Theresa, 70, tied the knot in January just 4 months after Bachelor Nation fans watched their televised engagement on the September 2023 finale of The Golden Bachelor. Nonetheless, three months later, the pair called it quits.

Speaking with Good Morning America on Friday, April 12, Gerry and Theresa confirmed that they’ve a prenuptial agreement in place and “they highly recommend it to others,” in accordance with ABC News’ Juju Chang.

While terms of the pair’s arrangement haven’t been publicly revealed, they each amassed multiple assets and salaries before they tied the knot. While Gerry is now retired, he went on The Bachelor as a restaurateur who owned multiple establishments in Moline, Illinois. A bombshell éxposé by The Hollywood Reporter in December 2023 claimed that Gerry exaggerated and misrepresented his profession, which he subsequently denied.

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

He continued: “And the comments about what I did later in life, I did those after I retired. I retired at 55, and I used to be very completely satisfied giving back to the community and doing things that were value something to other people.”

Gerry sold his Iowa-based drive-in franchise, called Mr. Quick, in 1985 and retired to Indiana with late wife Toni Turner, where they built a lakefront house. Since retiring, Gerry also did maintenance work.

“I mean, jeez, I didn’t work as a handyman for the cash,” he added to Katie Couric Media. “I did it because I knew I used to be doing something good for individuals who needed help.”

Theresa, meanwhile, has worked in finance for 17 years and holds six securities licenses. In response to her LinkedIn bio, she serves as a senior compliance officer for a regional firm in her native Latest Jersey. During her appearance on Golden Bachelor, Theresa explained that she was initially a stay-at-home wife during her marriage to her late husband, Billy Nist. Following their union, she bought herself stock which led to a profession as a day trader.

Moreover, Theresa has a house in Latest Jersey, which is where she’s continued to live throughout her three-month marriage to Gerry, who relies in Indiana. The pair had been contemplating moving in together before their separation.

“We checked out homes in South Carolina, we considered Latest Jersey, and we just checked out home after home, but we never got to the purpose where we made that call,” Theresa noted on GMA.