C++ memory for label.

So, i want to make a label by using only code. This is what i got so far:

void __fastcall TForm1::FormCreate(TObject *Sender)
{
        TLabel * lol1;
}

and in private i have:

TLabel *lol1;

But the thing crashes when i try to start it, probably because i have not fixed declared memory for it. Any advice? Usin BCB c++ 2006 for coding.

Sry but i have to code in BCB cause that's what we use in school.