According to the latest EGM (Electronic Gaming Monthly), the full name will be THE LEGEND OF ZELDA: THE LEGEND REBORN. It was also revealed that the game starts out on Link's 12th birthday, the same age as in OoT.
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If that is the "actual" name, it would sorta sound appropriate. It sounds sorta confusing with Link starting out at age 12, I guess. But I'm just gonna let everyone else decipher the name, since I can't seem to right now.