After visiting both parks, I think Universal Orlando Resort is the obvious choice for a family-friendly destination.
Now is the perfect time for budget-minded groups because most of the attractions, character interactions, and entertainment experiences are in full operation, so you'll get the most value out of your trip.
The ability to book on-site accommodations for around $100 a night is also a plus. And visitors don't have to do as much advanced planning to have a fun day at the parks.
I'd say Disney World is ideal right now for adults-only trips or splurgy family vacations.
Many of the signature offerings, like character meet and greets and parades, are limited or completely unavailable, so the Disney experience might feel a little watered down.
Without FastPass and early park admission, I also see little reason to drop big dollars on the deluxe Disney resorts when there are several more affordable options available.
But with a proper mindset and expectations, you can plan a trip with plenty of time for relaxation, leisurely dinners, and a visit to one of Epcot's popular festivals.