Lucas worked as a creative consultant on the Star Wars sequel trilogy's first film, The Force Awakens. As creative consultant on the film, Lucas' involvement included attending early story meetings; according to Lucas, "I mostly say, 'You can't do this. You can do that.' You know, 'The cars don't have wheels. They fly with antigravity.' There's a million little pieces ... I know all that stuff." Lucas' son Jett told The Guardian that his father was "very torn" about having sold the rights to the franchise, despite having hand-picked Abrams to direct, and that his father was "there to guide" but that "he wants to let it go and become its new generation." Among the materials turned over to the production team were rough story treatments Lucas developed when he considered creating episodes VII–IX himself years earlier; in January 2015, Lucas stated that Disney had discarded his story ideas.
The Force Awakens, directed by J. J. Abrams, was released on December 18, 2015. Kathleen Kennedy executive produced the film and its sequels. The new sequel trilogy was jointly produced by Lucasfilm and The Walt Disney Company, which had acquired Lucasfilm in 2012. During an interview with talk show host and journalist Charlie Rose that aired on December 24, 2015, Lucas likened his decision to sell Lucasfilm to Disney to a divorce and outlined the creative differences between him and the producers of The Force Awakens. Lucas described the previous six Star Wars films as his "children" and defended his vision for them, while criticizing The Force Awakens for having a "retro feel", saying, "I worked very hard to make them completely different, with different planets, with different spaceships – you know, to make it new." Lucas also drew some criticism and subsequently apologized for his remark likening Disney to "white slavers".
In 2015, Lucas wrote the CGI film Strange Magic, his first musical. The film was produced at Skywalker Ranch. Gary Rydstrom directed the movie. At the same time the sequel trilogy was announced a fifth installment of the Indiana Jones series also entered pre-development phase with Harrison Ford and Steven Spielberg set to return. Lucas originally did not specify whether the selling of Lucasfilm would affect his involvement with the film. In October 2016, Lucas announced his decision to not be involved in the story of the film, but would remain an executive producer. In 2016, Rogue One: A Star Wars Story, the first film of a Star Wars anthology series was released. It told the story of the rebels who stole the plans for the Death Star featured in the original Star Wars film, and it was reported that Lucas liked it more than The Force Awakens. The Last Jedi, the second film in the sequel trilogy, was released in 2017; Lucas described the film as "beautifully made".
In August 2015, Lucas was inducted as a Disney Legend, and on December 6, 2015, he was an honoree at the Kennedy Center Honors.