If one or two words in the title or a text document are all you want to change and then give it to someone, you can do that in FTM.
You would create the book in FTM, with all of the charts, reports and text documents you want. Then you would export the document to a PDF file.
If you put cousin Sam in the original, the PDF file you wouuld export it to SAM.pdf. You would then change all of the SAM refferences in FTM to PETE, and export it again to PETE.Pdf. and so on.