We raised our kids to believe what seemed most right to them. One is an Atheist, one is Agnostic, and one is a believer. Sort of the "Three Bears porridge" of religion I guess.

We exposed them to the Christian religion through church and Sunday school and discussed the other world religions and spirituality in general with them. We always encouraged them to study world religions to get a rounded view. Then we left it up to them to choose, but we never hid our own views either.

When a question of death comes up for children, how you approach it depends heavily on how old they are. However, telling them that no one really knows what happens after death and explaining that death is not necessarily the end worked for our children and didn't make us compromise what we believe either.