Annually sounds a bit excessive.
I’ve replaced a couple of pipes on the front of my Land Rover, but as far as I’m aware, the fluid in the rear half of the dual circuit system has been there for over 20 years.
I suppose that’s the one advantage of drum brakes. By the time the fluid gets hot enough to boil any water in it, the linings will have caught fire anyway. 😀
Back to bikes…
My Hopes have got a bellows type diaphragm under the reservoir cap.
There is no contact between the fluid and atmosphere, therefore the fluid can’t absorb water. As long as they still work, and they do, I can’t see any point in bleeding them, so I haven’t.