Taoism's way of seeing death and reincarnation is different from Buddhism's way. Have you ever heard of the three souls and seven spirits?  No worry, I have put it together in one big piece, if you want to read long articles, here is a link to the details..

   To Read more: makchingyuen.wordpress.com/2011/03/20/ta...

Don't worry, if you are going to die, as long as you are not believing or doing any evil magic, Taoist say that you will not go anywhere bad. You just cycle your life again in another realm on earth, then you cycle back again.  Life should be fun, enjoyable and it's good to cycle back again and again anyway, why worry?