Tom, I guess it depends on where those trailer hubs have been and for how long. One of my brothers had a 17' boat on a trailer in Alaska; used it both on fresh water lakes and in Resurrection Bay out of Seward. I think it was 4 years old when he moved back to Texas and brought it with him. It had the bearing buddies, so he could just hit them with the grease gun. However, when it was about 6 years old, we decided to take it to the Texas coast to go fishing and decided we might ought to pull the bearings first to see what they looked like. Good thing we did, too, because all the bearings and races were in bad shape, so we replaced everything. Personally, anytime I repack wheel bearings, I use new seals. You can't get the inside bearing out to properly clean and inspect it without removing the grease seal. You might replace the old seal and be OK, at least if the trailer doesn't have brakes, but if it does have brakes and the seal leaks, then you have a brake job to do, too.
So . . .,
1. pry off the cap (if it has bearing buddies, tap lightly around the outside with a rubber or plastic mallet to loosen and remove them),
2. then remove the cotter pin (I like to use a new one when I put it back together),
3. unscrew the castle nut, pull the wheel, or hub, outward a little bit, then push it back, and you can easily remove the outer bearing and washer,
4. I usually put the washer and castle nut back and jerk the hub off (that lets the washer and castle nut knock the inner bearing and seal out of the hub (some prefer to just pull the hub off after step #2, then pry the seal out),
5. Clean everything thoroughly in solvent, dry it all, and inspect for pitting or other damage, (if there is any, buy new ones),
6. Pack grease into the bearings,
7. Put the inner bearing into the back side of the clean hub,
8. Press or drive the seal in, being careful to keep it straight (I sometimes use a clean wooden block on it, being careful to not get any splinters or sawdust in the hub),
9. Finish installing in the reverse of the disassembly.
And, yes, it's a dirty job. /forums/images/graemlins/frown.gif