From the moment she was born seven years ago,Princess Charlottehas had an exciting destiny ahead of her.
(That spot will drop, however, once big brother Prince George has children of his own).
For now, Charlotte is just enjoying being a child.

“There, she’s simply known as Charlotte Cambridge (viaTown & Country).
Birthdays are another occasion on which the Cambridges are treated royally.
Her big gift was one that most girls can only dream of: her very own pony.

Some are automatically inherited; the children of a king or queen are always princes or princesses.
Others are known as peerages, which are given by the monarch and which are ranked in hierarchy.
Barring any unforeseen tragedies, William will one day become Britain’s king.

When that occurs, he’ll have the option of conferring titles on his own children.
Louis may take the Duke of York title.
Princess Anne, the only daughter of Queen Elizabeth, is the current Princess Royal.
And since brother Charles only had sons, Charlotte is the next family member eligible for the honor.
So William may do the same for Charlotte or he might not give her the title at all.
Who would be Princess Royal after Charlotte?
Royals also have the option of turning down a title from the monarch.