Probably the best example I can think of is Diane Duane reworking her Wizards series to make it modern-day, but there are others, including owners of a literary estate altering books left to them to make them compatible with current standards.
What do you think? Does it matter if it’s the original author or an inheritor?
And you can always add context outside of the artwork itself! For example when it comes to problematic ideas or language in classics, I have absolutely nothing against printing every new edition with a foreword that comments on the problematic parts and provides context. So many editions of classics already come with commentary, anyway. Update the commentary. Just please don’t edit the work itself.