Latex Questions

I have a couple of Latex-related questions. I could spend a few minutes googling, of course. But I can also post them here, wait go teach class, and find the answers waiting for me when I come back. Plus, maybe some other people are interested in this information. (I know, nobody is.)

1. Is Latex embedding fonts in my PDF file automatically, or is there something I have to do to make it embed them? If so, what?

2. How does one make a template containing various preamble data and formatting boilerplate? I'd like to be able to go to this little dropdown menu, select "philosophy paper" and get everything I've been copy-and-pasting from another document. How do I get this into my dropdown menu?

Thanks, Smokers!

--Mr. Zero

P.S. I'm using TexShop for Mac.