The Lord of the Rings Online Title System Detailed

Turbine's official The Lord of the Rings Online: Shadows of Angmar website has been updated with an overview of the game's title system.
Characters don't begin with an assigned title, so you must choose the title you'd like to use, and then click the "Make Active" button. Other players will now see your chosen title over your head, along with your name. Selecting your character will allow you to see the overhead view of the title as well.

You'll acquire more options for titles throughout your adventures in Middle-earth. There are titles to reflect your Kinship, your Crafting achievements, and many other Questing and Accomplishment achievements. You may even be granted an entirely unique title during one of our Admin-run live events! You can change to a new title at any time simply by clicking the "Clear Active" button in the Title Management panel.