Misty B
    It would help to know which prop you have as there is a slight difference in how the anodes are fitted, and also if you have a rope cutter but in essence you will need a socket set with an extension bar, a set of allen keys, maybe a block of wood, a philips and a flat headed screwdriver and some threadlock.
    At least that is all I need for a 2 bladed folding prop. Oh, and occassionally a hammer!
    Your Volvo Penta engine manual should tell you how to remove and replace the prop.