I am assuming you have open taper roller bearings, not a sealed cartridge bearing.
Common failure is, sitting long periods and the oils separate out of the grease leaving clay and water immersion (mostly boat trailers).
While messy, cleaning and packing with fresh grease is easy to do. New grease seals are usually easy. The seals usually have a part number on them that can be cross referenced online or at an auto parts place.
I do not use a bearing packer, latex gloves and a can of grease works well.
Setting the nut torque is the only tricky part.
Cartridge bearings last a long time but can't be serviced. To replace usually requires a shop press. The retaining/axle nut has a torque value, just "making it tight" can kill a new bearing.
If you seal "oil" leaking out of a bearing, it needs attention. If the cap is missing, the bearing likely needs attention.
Jacking a wheel up off the ground, spin it, it should be smooth not gritty or loud. Wiggle the wheel, hands at 6&9, 12&6, there should be no play.
For Terry, I would clean and repack the bearings now, worth not having the headache on the road provided they are open taper roller vs. sealed cartridge.