Is there an easy way to create a copy or clone of an actor with all it's children and properties.

lets say I have an actor that has child actors making up the clothes etc, I hit it and want to create a second version of it independant from the first but with the same set of clothes etc. I've found that while I can say mynewactor = myoldactor and create a new one it is linked to the first, like a reference copy when I want a copy by value. Do I just need to put in a load of work?