Editable Document

You can set the sharing for the document to allow anyone to edit without signing in.  Help

For a spreadsheet you can set a notification rule so you get  a message when it is changed.  There is no notification for documents, but there is a file history so you can revert to an earlier version of the file.

Visitors can edit the document by hovering over the document and clicking the icon to open it for editing.

Also you can embed a link to the Document.  Link

Editable Document