The trust changes its nature, but not its name (if revocable is part of the name, that does not change,either). There is no reason to change accounts. You will want to obtain documentation of the new trustee(s). They may or may not have been named as successor trustees in the trust document. You will also require the trust to obtain an EIN of its own. You can no longer use the SSN of a grantor.
Because the account title isn't going to change, your second question is moot.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8