Despite the myth, you can not spot reduce to get rid of your love handles. Lots of cardio will help you loose weight in general, and thus your love handles.
You can trimi your love handles down by doing leg raises. Lay on your side and pretend you are balancing a glass of water on your hip and knee and rais your bent leg straight up in the air. Kick boxing is also good for hips and love handles. Tae bo is a good one.