Apart from the already presented advise
Some may see things differently and that is ok
If the new computer is going to be the Apple Silicon M1 / M2 / M3 /M4 Equipped Computer - would suggest Only Migrating the User Account and nothing more.
Some have had success and usually are well seasoned veterans who are well versed in trouble shooting
Others have been left with a mess when Migrating everything.
Issues that may have existed on the older computer will be migrated to the New Computer.
This would badly pollute the new Original and Pristine installation of the new OS.
Applications, extensions and Software Drivers may or may not even work on the new computer, especially Printer Drivers
IMHO - it would be best to only install new application etc Directly from the Developer or the Apple Apps Store.
Due Diligence on New Applications and make sure they are Sequoia compatible and factor in the ARMs CPU of the Apple Silicon Computer
Just saying