You're going to need a few basic tools: a set of feeler guages, screwdriver, and a timing light. First: set the points. Pop the top off the distributor (you can leave the wires in place) and bump start or turn the engine by hand until the points are all the way open (rubbing block on one of the points of the cam). Adjust the point gap to .018" by loosening the hold down screw on the base plate and moving it. Once the gap is set, tighten up the hold down screw and put the cap back on. Then connect the timing light to the #1 cylinder, disconnect and plug the vacuum advance line going to the carb. Start the engine and let it idle while you point the light at the flywheel housing opening. Adjust the timing by loosening the clamp and rotating the distributor until the steel ball on the flywheel lines up with the pointer on the housing. Tighten up the clamp and you're all done. I see this is your first post - welcome to the 'bolt!!