The following example uses a JLabel and a JTextField class and intergrates them together to be used as a simple drop in. Any comments would be great and if anyone wants to add additional functionality that would be even better. Thanks.
Code:
import java.awt.*; 
import javax.swing.*; 
import java.awt.event.*; 

public class X extends JFrame{
 public static void main(String[] args){
  new X(); 
 }
 public X(){
  super("JLabel/JTextField"); 
  setLayout(new GridLayout(4,1)); 
  getContentPane().add(new LabelTextCombo("First Name", new Font("Arial",Font.PLAIN, 13), new Font("Arial",Font.PLAIN, 13), 15));
  getContentPane().add(new LabelTextCombo("Last Name", new Font("Garamond",Font.PLAIN, 13), new Font("Garamond",Font.PLAIN, 13), 15));
  getContentPane().add(new LabelTextCombo("Address",new Font("Verdana",Font.ITALIC, 11), new Font("Verdana",Font.ITALIC, 11), 15));
  getContentPane().add(new LabelTextCombo("Phone Number",new Font("Tahoma",Font.PLAIN, 13), new Font("Tahoma",Font.PLAIN, 13), 15));
  setSize(350,125);
  setVisible(true); 
  enableEvents(AWTEvent.WINDOW_EVENT_MASK);
 }
 public void processWindowEvent(WindowEvent we){
  super.processWindowEvent(we); 
  if(we.getID() == WindowEvent.WINDOW_CLOSING){
   System.exit(0);
  }
 }
}

class LabelTextCombo extends JPanel{
 private JLabel jl; 
 private JTextField jtf;

 public LabelTextCombo(String jltext, Font jlfont, Font jtffont, int jtfsize){
  
  setLayout(new FlowLayout(FlowLayout.LEFT));
  jl = new JLabel(jltext);
  if(jlfont != null){
   jl.setFont(jlfont);
  }
  add(jl); 
  jtf = new JTextField(jtfsize);
  if(jtffont != null){
   jtf.setFont(jtffont);
  }
  add(jtf); 
  }
 public LabelTextCombo(String jltext, int jtfsize){
  this(jltext, null, null, jtfsize); 
 }
 public LabelTextCombo(String jltext){
  this(jltext, 20); 
 }
}