Over the years I have worked on a few old motorcycles (not that old, but 15-35 years range), and there is one common issue I see with every single brake system. The brake fluid is old, crusty, gelatinous, brown-ish, black-ish crap. Then, the seals get distorted, the pistons corrode, and the internals corrode.
I have met people who didn't know you even had to change your brake fluid!
You should change your brake fluid completely every 2-3 years at a minimum.
Here's my latest project and what I'm dealing with. This caliper had to be completely replaced.
It only takes 30 minutes to get some new fluid in there. A complete rebuild and flush takes more work but is probably worth it every 8-10 years to remove built up crud.